Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$AMAT, $CAT, $EA, $GPRO

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 Tuesday, as follows:

Applied Materials Inc. (NASDAQ:AMAT) analysts raised to Strong Buy from Buy and has a 72 price objective at Needham. It closed at 55.92, +1.32 Monday. Applied Materials has a 52-wk trading range of 32.21 – 60.89, and the consensus price target is 67.40.

Caterpillar Inc. (NYSE:CAT) was raised to Overweight from Neutral with a 200 price target at JPMorgan, noting that tax reform and strong demand are better than expected. Caterpillar closed up 4.07 at 166.03 Monday a fresh 52 wk high, It has a prior 52-wk trading range of 90.34 – 162.05 and a consensus price target at 151.27.

Electronic Arts Inc. (NASDAQ:EA) was raised to Outperform with a 130 price objective from Market Perform at BMO Capital Markets. Shares closed up 0.83 at 113.22 Monday. The 52-wk trading range is 77.94 – 122.79, and the consensus price target is 127.56.

GoPro Inc. (NASDAQ:GPRO) was downgraded to Neutral from Buy at Longbow Research. The stock finished down 0.96 at 6.56 Monday after this call. GoPro has a 52-wk trading range of 6.56 – 11.89 and a consensus price target of 10.17.

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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