Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

 $XOM, $IP, $JCP, $LULU, $ULTA

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 Monday, as follows:

Exxon Mobil Corp. (NYSE:XOM) analysts started as Market Perform with a 78 price target at BMO Capital Markets. It has a 52-wk trading range of 71.55 – 95.55 and a consensus analyst price target of 88.52.

International Paper Co. (NYSE:IP) reiterated as Buy and the price target was raised to 56 from 49 at Argus. Despite recently outperforming the market, Argus sees value at a discount to peers. The stock has a 52-wk trading range of 32.50 – 49.90 and a consensus target price of 50.93.

JC Penney Co. Inc. (NYSE:JCP) analysts raised to Buy from Neutral with a 12 price objective at Merrill Lynch. Shares have a consensus target price of 11.79. The 52-wk trading range is 6.00 – 11.99.

Lululemon Athletica Inc. (NASDAQ:LULU) analysts downgraded to Sell from Hold with a 44 price target at Canaccord Genuity. It has a 52-wk trading range is 44.62 – 81.81. Its consensus price target was 68.00 before the call.

Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ: ULTA) reiterated as Outperform with a 300 price target at Oppenheimer. The 52-wk trading range is 146.77 – 278.63, and the consensus price target at 295.72.

Have a terrific week

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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