Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations


Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid.

Below is a list of Wall Street’s Top analysts upgrades, downgrades and initiations for Thursday, as follows:

Chipotle Mexican Grill Inc. (NYSE:CMG) analysts downgraded to Underperform from Neutral with a new 285 price target at Merrill Lynch. Its 52-wk trading range is 295.11 – 499.00, and its consensus target price is 371.04.

Exxon Mobil Corp. (NYSE:XOM) was maintained as Underperform but its target price was raised to 85 from 81 at Morgan Stanley.

Goldman Sachs Group Inc. (NYSE:GS) was reiterated as Overweight and the target price was raised to 287 from 265 at Morgan Stanley. Goldman Sachs has a 52-wk trading range of 172.51 – 255.15 and a 243.68 consensus target price.

Harley-Davidson Inc. (NYSE:HOG) managed to close up 2% at 47.52 after earnings were aided by a tax benefit Wednesday. Stifel reiterated its Hold rating and raised its target price to 49 from 48 after the report.

International Business Machines Corp. (NYSE:IBM) trading up 9% Wednesday after posting earnings that beat expectations with affirmed Y 2017 guidance. This was its 22nd Quarter running of revenue decline. Wedbush maintained a Neutral rating and a 155 target price. UBS maintained its Neutral rating but raised its target to 160 from 152.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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