Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ARIA, $CMCSA, $KMI, $MMM, $TWX
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Tuesday, as follows:
Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) analysts downgraded to Underweight from Neutral at JPMorgan.
Comcast Corp. (NASDAQ:CMCSA) raised to Outperform from Neutral and the price target was raised to 77 from 69 at Macquarie. It has a 52-wk trading range of 52.34 – 68.36 and a consensus analyst price target of 52.34 to 68.36.
Kinder Morgan Inc. (NYSE:KMI) analysts raised to Strong Buy from Outperform and the target price was raised to 27 at Raymond James. The stock took multiple upgrades last week as well. Kinder Morgan has a 52-wk trading range of 11.20 – 28.54 and a consensus price target of 24.26.
3M Co. (NYSE:MMM) analysts raised to Overweight from Equal Weight with a 194 price target at Barclays. The 52-wk trading range is 134.64 – 182.27, and the consensus analyst target is 180.87.
Time Warner Inc. (NYSE:TWX) is being acquired by AT&T and many analysts have issued their exit-downgrades on the news. Time Warner was downgraded to Neutral from the Conviction Buy list at Goldman Sachs, and RBC Capital Markets downgraded it to Sector Perform from Outperform. Time Warner also took downgrades from the likes of Evercore ISI, Atlantic Equities, Pivotal Research and many more. The new 52-wk trading range is 55.53 – 94.44.