Wall Street’s Top Analysts’ Upgrades, Downgrades and Initiations
$APC, $DG, $UBS
Daily HeffX-LTN review Wall Street analyst 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 Streets top analyst upgrades, downgrades and initiations for Thursday, as follows:
Anadarko Petroleum Corp. (NYSE:APC): Analysts downgraded APC to Neutral from Outperform with a 55 price target at Credit Suisse. BMO Capital Markets lowered its rating to Market Perform from Outperform with a same 50 price target. Anadarko has a consensus analyst price target of 59.10 and a 52-wk trading range of 28.16 – 91.75.
Dollar General Corp. (NYSE:DG) analyst raised to Buy from Neutral and the price objective was raised to 100 from 98 at Merrill Lynch. The firm said that Dollar General is now a stock for all seasons, and the upgrade was based on valuation and improved earnings visibility. The consensus target price is 94.14 and the 52-wk trading range is 59.75 – 87.42.
UBS Group A.G. (NYSE:UBS) downgraded to Equal Weight from Overweight at Morgan Stanley. Wednesday, UBS closed at 15.69 and has a consensus analyst target of 13.79 and a 52-wk range of 14.01 to 23.19.