Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AAPL, $CMG, $GM, $UA
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Thursday, as follows
Apple Inc. (NASDAQ:AAPL) Stifel downgraded Apple to Hold from Buy and cut its target to 115 from 130. Credit Suisse kept its Outperform rating and 150 target. The stock has a 52-wk trading range of 89.47 – 123.82 and a consensus analyst price target of 128.81.
Chipotle Mexican Grill Inc. (NYSE:CMG) analysts downgraded to Neutral from Outperform and the price target was cut to 375 from 500 at Credit Suisse. Jefferies maintained an Underperform rating and cut its target to 300 from 330. Wedbush maintained an Underperform rating and 370 price target. The 52-wk trading range is 384.77 – 658.76. The consensus price target is 433.19.
General Motors Co. (NYSE:GM) GM was downgraded to Neutral from Buy at Merrill Lynch. It has a 52-wk trading range of 26.69 – 36.88 and a consensus analyst target at 36.17.
Under Armour Inc. (NYSE:UA) analysts downgraded to Neutral from Overweight at Atlantic Equities. Deutsche Bank cut its rating to Hold from Buy and slashed the price target to 32 from 50. Mizuho downgraded it to Neutral from Buy. These downgrades come 2 days after earnings took the stock down 13% to 32.89. The 52-wk trading range is 31.61 – 48.77, and the consensus price target is 43.17.