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 Streets top analysts upgrades, downgrades and initiations for Thursday, as follows:
Frontier Communications Corp. (NASDAQ:FTR) was downgraded to Hold from Buy and the price target was cut to 4 from 5 at Deutsche Bank.
Nike Inc. (NYSE:NKE) analysts started as Neutral and was given a 53 price target at Wedbush Securities. The firm sees market share challenges likely continuing into Y 2017.
Norfolk Southern Corp. (NYSE:NSC) analysts raised to Buy from Hold with a 104 price target at Argus. It has a 52-wk trading range of 64.51 to 98.75 and a consensus analyst price target of 97.92.
Pfizer Inc. (NYSE:PFE) was downgraded to Market Perform from Outperform and the price target was cut to 33 from 40 at BMO Capital Markets. The 52-wk range is 28.25 – 37.39, and the consensus target price is 38.74.
Nucor Corp. (NYSE:NUE) was raised to Buy from Hold with a 57 price target at Berenberg. Nucor was also just named as one of 6 major infrastructure stocks that would thrive under either Donald Trump of Hillary Clinton. Its 52-wk trading range is 33.90 – 57.08.
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