Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AMAT, $CAT, $EA, $GPRO
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.