Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$IP, $MDT, $SAGE, $VRX

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 Thursday, as follows:

International Paper Co. (NYSE:IP) was raised to Outperform from Market Perform with a 67 price objective at RBC Capital Markets. That compares with the consensus price target of 65.69.

Medtronic PLC (NYSE:MDT) was resumed with a Market Perform rating at William Blair. The 52-wk trading range for the medical devices giant is 76.41 – 89.72. The consensus price target is 94.19.

Sage Therapeutics Inc. (NASDAQ:SAGE) was started with a Buy rating and a 230 price target at Ladenburg Thalmann. The consensus price target is 205, and the stock closed trading on Wednesday at 154.06.

Valeant Pharmaceuticals International Inc. (NYSE:VRX) was raised to Overweight from Equal Weight at Barclays. The 52-wk trading range for the specialty pharmaceutical company is 10.94 – 24.43, and the consensus price target is 20.73. The stock ended trading on Tuesday at 23.59, up over 7%, and shares finished Wednesday at 25.41, or + 7.72%.

Stay tuned…

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