Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$KMX, $CAT, $SCHW, $UBH, $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 Friday, as follows:

CarMax Inc. (NYSE:KMX) was raised to Outperform from Perform with an 88 price target at Oppenheimer.

Caterpillar Inc. (NYSE:CAT) was started with a Buy rating and assigned a 200 price target at Berenberg. Caterpillar  52-wk trading range is 90.34 – 173.24.

Charles Schwab Corp. (NYSE:SCHW) was reiterated as Buy and the price target was raised to 69 from 59 at Argus, noting an earnings beat and that its effective tax rate may go down closer to 25% from about 35% in Y 2017.

UnitedHealth Group Inc. (NYSE:UNH) analysts reiterated as Buy and the price target was raised to 270 from 230 at Argus. UnitedHealth saw multiple analyst target hikes on Wednesday, as well after strong earnings.

Wal-Mart Stores Inc. (NYSE:WMT) raised to Buy from Neutral and the price target was raised to 117 from a prior 115 price target at Goldman Sachs, and Walmart was also added to the prized Conviction Buy list. Shares closed at 104.30 Thursday.

Have a terrific weekend.

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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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