Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AAPL, $GM, $PG, $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 outlook for Key issues for Wednesday, as follows:
Apple Inc. (NASDAQ:AAPL) analysts downgraded to Neutral from Buy with a 175 price target at Instinet. Apple has a 52-wk trading range of 114.76 – 177.20. This downgrade was based on it achieving the price target and is after the shares hit an all-time high. The consensus target price is at 187.74.
General Motors Co. (NYSE:GM) was raised to Outperform from Sector Perform at RBC Capital Markets. GM’s 52-wk trading range is 31.92 – 46.76, and it had a consensus target price at 46.65.
Procter & Gamble Co. (NYSE:PG) analysts started with a Buy rating and assigned a 101 price target at Deutsche Bank. The 52-wk trading range is 83.24 – 94.67, and the consensus target price is at 92.57.
Wal-Mart Stores Inc. (NYSE:WMT) was raised to Buy from Neutral at Citigroup. Walmart has a consensus target price of 100.73 and a 52-wk trading range of 65.28 – 100.13