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:

Agilent Technologies Inc. (NYSE:A) analysts reiterated as Overweight and the price target was raised to 95 from 90 at Morgan Stanley.

Allstate Corp. (NYSE:ALL) was raised to Market Perform from Underperform and the price target was raised to 93 from 90 at Keefe Bruyette & Woods.

Automatic Data Processing Inc. (NASDAQ:ADP) was raised to Outperform from Sector Perform and the price target was raised to 130 from 119 at RBC Capital Markets. ‍

Baker Hughes, a GE Company (NYSE:BHGE) was raised to Buy from Neutral and the price objective was maintained as 33 at Merrill Lynch. The upgrade is in anticipation of LNG equipment FIDs later in Y 2018 or early Y 2019 for further benefit beyond Y 2020, and the firm thinks this is not priced in shares. .

Cardinal Health Inc. (NYSE:CAH) was raised to Buy from Hold with an 85 price target at Argus. The independent research firm expects sustainable earnings growth based on its ability to improve margins in both pharmaceutical distribution and medical segments.

CarMax Inc. (NYSE:KMX) was reiterated as Outperform with a 75 target price at Wedbush. The firm noted that the risk into its earnings print remains, but pressures against it appear to be easing.

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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