Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AKS, $CELG, $JNJ, $X, $DRI
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 Wednesday, as follows:
AK Steel Holding Corp. (NYSE:AKS) was downgraded to Neutral from Outperform with a 9 price target at Macquarie. Shares are trading in a 52-wk range of 1.64 – 9.50 and Vs a consensus analyst price target of 7.04.
Celgene Corp. (NASDAQ:CELG) started as Outperform and assigned a 141 price target at Oppenheimer. Its 52-wk trading range is 93.05 – 127.00, and the consensus price target is 137.91.
Johnson & Johnson (NYSE:JNJ) analysts downgraded to Equal Weight from Overweight with a 125 price target at Barclays. The 52-wk trading range is 94.28 – 126.07. The consensus price target is 126.32.
United States Steel Corp. (NYSE:X) analysts downgraded to Hold from Buy at Argus. It has a 52-wk trading range of 6.15 – 33.78 and a consensus analyst target of 22.60.
Darden Restaurants Inc. (NYSE:DRI) downgraded to Neutral from Outperform with a 72 target price at Credit Suisse. The 52-wk trading range is 55.01 – 74.99, and the consensus price target is 69.10.
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