Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$C, $DUK, $FIT, $I, $MIK

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:

Citigroup Inc. (NYSE:C) was raised to Buy from Hold a Deutsche Bank. The bank’s shares have traded in a 52-wk range of 63.16 – 80.70. The consensus price target is 83.90.

Duke Energy Corp. (NYSE:DUK) was raised to Buy from Neutral at Merrill Lynch. The 52-wk trading range for the utility is 71.96 – 91.80. The consensus price target is 82.20.

Fitbit Inc. (NYSE:FIT) was resumed in coverage at William Blair with a Market Perform rating. The 52-wk trading range is 4.51 – 7.79, and the consensus price target is 6.06.

Intelsat S.A. (NYSE:I) was raised to Outperform from Sector Perform at RBC Capital Markets. The 52-wk trading range is 2.44 – 19.20, and the consensus target is an odd 5.21.

Michaels Companies Inc. (NASDAQ:MIK) was added to the Focus List at JPMorgan. The stock has traded in a 52-wk range of 17.25 – 27.87, and the consensus price target is posted at 23.31.

Stay tuned…

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