Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations


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 Monday, as follows:

Apple Inc. (NASDAQ:AAPL) was maintained as Neutral at Mizuho, but the price target was raised to 175 from 160 in the call. Apple shares hit an all-time high of 180.10 last Thursday, and its shares finished 178.46 on Friday. Apple has a 52-wk trading range of 119.50 – 180.10 and the prior consensus target price was 188.46.

Bank of New York Mellon Corp. (NYSE:BK) analysts raised to Overweight from Equal Weight at Morgan Stanley, and the bank was also downgraded to Underweight from Neutral at JPMorgan. Its shares have a 52-wk trading range of 43.85 – 58.99 and a consensus price target at 59.61.

Caterpillar Inc. (NYSE:CAT) has seen numerous analyst price target hikes in Y 2018, and Credit Suisse has joined in with a reiteration of its Outperform rating and raising its target to 192 from 155. Caterpillar has a 52-wk trading range of 90.34 – 173.24, and its shares closed most recently at 170.41 + 2.36 last Friday.

Chipotle Mexican Grill Inc. (NYSE:CMG) was raised to Market Perform from Underperform at Raymond James. The stock closed at 343.87 last Friday and has a 52-wk trading range of 263.00 – 499.00.

Have a terrific week

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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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