Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$AMD, $ATUS, $CENX

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 Wednesday, as follows:

Advanced Micro Devices Inc. (NASDAQ:AMD) was reiterated as Buy with an 18 price objective at Merrill Lynch. The firm was positive on 2-G Ryzen chipset momentum continuing in Y 2018 after the April debut. The firm sees AMD as at the cusp of launching several new products that should help expand operating margins above consensus expectations. AMD has a 52-wk trading range of 9.70 – 15.65 and a consensus analyst target price at 14.64.

Altice USA Inc. (NYSE:ATUS) analysts rated as Buy at Goldman Sachs, but the firm added it to the prized Conviction Buy list with a 28 price target. Altice’s consensus target price was 28.85 before this call. The 52-wk trading range is 17.80 – 35.29.

Century Aluminum Co. (NASDAQ:CENX) analysts raised to Outperform from Market Perform with a 30 price target at Cowen. Shares were up Tuesday finishing at 21.58, and that was after a positive BMO note about stronger post-tariff demand helped Century Aluminum shares rise 3.3% on Monday.

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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