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 Tuesday, as follows:

American Express Co. (NYSE:AXP) was raised to Buy with a 108 price target at Instinet. The firm believes that a negative revision risk is low and that the Southside risks are now adequately discounted into the shares.

Cisco Systems Inc. (NASDAQ:CSCO) was raised to Buy from Neutral with a 46 price target at Instinet. Monday, Cisco closed at 40.60, or +2.71%, in a 52-wk trading range of 30.36 – 42.98 with a consensus analyst target at 41.86.

First Solar Inc. (NASDAQ:FSLR) was started as Underperform and assigned a 55 price target at Credit Suisse. First Solar trades in a 52-wk range of 25.56 – 76.61.

Goldman Sachs Group Inc. (NYSE:GS) analysts reiterated as Buy with a 300 price objective at Merrill Lynch. The recent sell-off brought a buying opportunity, according to the call, and a chance to increase its return on equity to 16% from 12%.

Stay tuned…

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