Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$AMZN, $CAT, $XOM, $FB, $HON

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:

Amazon.com Inc. (NASDAQ:AMZN) analysts reiterated as Outperform with a 1,750 price target at Wedbush Securities. AMZN sees this week’s earnings report coming with a modest revenue guidance increase in Q-2 with flattish operating income.

Caterpillar Inc. (NYSE:CAT) was raised to Buy from Neutral at Citigroup, which cited operating leverage and improvements in global sales data.

Exxon Mobil Corp. (NYSE:XOM) was raised to Market Perform from Underperform at Raymond James.

Facebook Inc. (NASDAQ:FB) was reiterated as Outperform with a 260 price target at Wedbush. The firm expects Q-1 results above consensus estimates, with strong audience and engagement growth and with an overall minimal impact from heightened scrutiny over privacy concerns.

Honeywell International Inc. (NYSE:HON) was reiterated as Buy and the price target was raised to 175 from 157 at Stifel. Honeywell has a 52-wk trading range of 128.35 – 165.13 and a consensus price target of 172.06.

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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