Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$APA, $XEC, $COP, $FDC

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:

Apache Corporation (NYSE:APA) is raised to Buy from Hold at Argus with a 56 price target. That competes with the Wall Street consensus target of 46.19. The 52-wk trading range for the company is 33.60 – 51.21. The stock closed Friday at $42.24.

Cimarex Energy Co. (NYSE:XEC) is raised to Buy from Hold at Jefferies. The 52-wk trading range for the Oil & Gas exploration and production company is 82.40 – 130.16. The Wall Street consensus price objective is set at 126.94.

ConocoPhillips (NYSE:COP) was started with an Outperform rating at BMO Capital Markets with a 74 price target. The Wall Street consensus target for the Crude Oil giant is set at 74.35. The shares ended trading Tuesday at 69.43.

First Data Corporation (NYSE:FDC) analysts calling FDC a Buy from Neutral at Goldman Sachs, with a 25 price objective. The Wall Street consensus target is posted at 22. The shares have traded in a 52-wk range of 14.73 – 20.58. The stock ended trading Tuesday at 21.05.

Stay tuned…

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.