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 Monday, as follows:

Apple Inc. (NASDAQ:AAPL)  Apple’s target was raised to 195 from 175 at Sanford Bernstein and to 185 from 180 at Raymond James. Canaccord Genuity raised its target to 195 from 180, while Citigroup raised its target to 200 from 170. RBC raised its target to 190 from 180, and Morgan Stanley raised its target from 199 to 200.

Blue Apron Holdings Inc. (NYSE:APRN)  Barclays downgraded it to Underweight from Equal Weight. The consensus target price was 6.71, with a new post-IPO trading range of 3.75 – 11.00.

Starbucks Corp. (NASDAQ:SBUX)Credit Suisse lowered its target price to 54 from 56, Instinet lowered its target to 63 from 67 and BMO Capital Markets cut its target to 52 from 56. Jefferies maintained its Buy rating and 65 target. Starbucks has a 52-wk trading range of 50.84 – 64.87, and the pre-earnings consensus analyst price target was 63.98.

Twitter Inc. (NYSE:TWTR) was raised to Buy from Hold with a 25 price target at Argus. The independent research firm sees Twitter as increasing user engagement and generating strong EBITDA growth, with a return to annual growth in y 2018. Twitter has a 52-wk trading range of 14.12 – 21.96 a share.

Have a terrific week.

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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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