Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$DKS, $HD, $SNAP, $WMT

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:

Dick’s Sporting Goods Inc. (NYSE:DKS) was raised to Overweight from Neutral at JPMorgan. Meanwhile, multiple analysts trimmed their target prices: MKM Partners to 25 from 30, RBC to 24 from 26, Deutsche Bank to 24 from 28 and Credit Suisse to 24 from 28.

Home Depot Inc. (NYSE:HD) Argus reiterated its Buy rating and raised its target to 190 from 180. Home Depot has a 52-wk trading range of 123.28 – 168.14 and a consensus price target of 174.

Snap Inc. (NYSE:SNAP) the social media company was downgraded to Market Perform from Market Outperform at JMP Securities. The 52-wk trading range is 11.28 – 29.44, and the consensus price target is 12.74.

Wal-Mart Stores Inc. (NYSE:WMT) was reiterated as Outperform and the price target was raised to 100 from 90 at Oppenheimer. Walmart has a 52-wk trading range of 65.28 – 91.98 and a consensus analyst target of 88.77.

Stay tuned…

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