Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations


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 Monday, as follows:

DSW Inc. (NYSE:DSW) was started with a Buy rating with a 29 price target at Needham. That compares with a Wall Street target of 24.33. Analysts see growth coming from the addition of new customers and existing ones on higher conversion.

Dollar General Corp. (NYSE:DG) was raised to Strong Buy from Outperform at Raymond James. The stock has traded in a 52-wk range of 68.69 – 105.82. The consensus price target is 104.75, and the shares closed Friday at 100.15.

KLA-Tencor Corp. (NASDAQ:KLAC) was downgraded to Hold from Buy at Needham. The 52-wk trading range for the semiconductor capital equipment leader is 87.93 – 123.96, and the consensus price target is set at 133.36.

Micron Technology Inc. (NASDAQ:MU) was started with a Buy rating and an 80 price target at Benchmark Company. This compares to the consensus target of 80.14. The firm believes Micron has progressed from a “cash burn” to a “cash return” story in just 2 years and expects the stock to remain a cyclical growth name, generating increasing profits and cash flow Quarterly.

Have a terrific week.

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.