Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$TWTR, $IVZ, $MON, $NTAP
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Tuesday, as follows
Invesco Ltd. (NYSE:IVZ) analysts reiterated as a Buy at Merrill Lynch raising its price objective to 37. The firm sees sustainable growth at an attractive price. The consensus analyst’s price target is 33.83 Vs a 52-wk trading range of 23.02 – 35.00.
Monsanto Co. (NYSE:MON) raised to Market Perform from Underperform at Bernstein. The 52-wk trading range is 82.81- 114.26, and the consensus price target is 116.63.
NetApp Inc. (NASDAQ:NTAP) downgraded to Sell from Hold at Deutsche Bank. The 52-week range is 20.66 to 36.10, and the consensus price target is 30.41.
Twitter Inc. (NYSE:TWTR) downgraded to Perform from Outperform with a 17 price target at Oppenheimer. Twitter received a downgrade from Morgan Stanley just hours before the buyout rumors broke Friday. The stock rose 21% to 22.62 Friday and shares finished +0.75 at 23.37 Monday in New York. The consensus price target is $6.34, and the 52-wk trading range is 13.73 – 31.87.