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 Thursday, as follows:

Apple Inc. (NASDAQ:AAPL) downgraded to Market Perform from Outperform at BMO Capital Markets, based on lower production expectations for the iPhone X and after government inquiries ahead of the earnings report. Apple has a 52-wk trading range of 127.01 to 180.10 and a consensus analyst target price of 190.95.

FitBit Inc. (NYSE:FIT) was raised to Hold from Sell at Stifel, but the firm lowered its price target to 5.50 from 6.00.

Foot Locker Inc. (NYSE:FL) was raised to Outperform from Perform with a 70 price target at Oppenheimer. Shares finished at 49.15 Wednesday.

McDonald’s Corp. (NYSE:MCD) was maintained as Hold at Independent Research but the target price was raised to 185 from $175. BMO Capital Markets reiterated its Outperform rating and raised its target to 190 from 175.

MetLife Inc. (NYSE:MET) was maintained as Buy but was removed from the Conviction Buy List at Goldman Sachs. The price target of 57 compares with 48.07 at the close Wednesday.

Natural Grocers by Vitamin Cottage Inc. (NYSE:NGVC) was raised to Outperform from Sector Perform with an 11 price target at RBC Capital Markets.

Nike Inc. (NYSE:NKE) was reiterated as Buy and the price target was raised to 78 from 74 at Citigroup.

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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