Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$DFS, $JNPR, $K, $MU, $NTAP, $RIO, $UNH
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Wednesday, as follows:
Discover Financial Services (NYSE:DFS) raised to Outperform from Neutral with a 78 price target at Wedbush Securities. The stock has a 52-wk trading range of 42.86 – 68.90. The Thomson Reuters consensus analyst price target is 70.43.
Juniper Networks Inc. (NYSE: JNPR) analysts raised to Outperform from Neutral at Credit Suisse, and the price target was raised to 31 from 27. Shares have a 52-wk trading range of 21.18 – 29.86. The consensus price target is 27.75.
Kellogg Co. (NYSE:K) analysts downgraded to Neutral from Outperform with a 77 price target at Credit Suisse. The 52-wk trading range is 68.73 – 87.16, and the consensus price target is 82.35.
Micron Technology Inc. (NASDAQ:MU) analysts started with a Buy rating and assigned a 30 price target at Citigroup. It has a 52-wk trading range of 9.31 – 20.44 and a consensus analyst target of 21.00.
NetApp Inc. (NASDAQ:NTAP) analysts downgraded to Underperform from Neutral at Credit Suisse, and the price target was cut to 29 from 30. The stock has a 52-wk trading range of 20.66 – 39.00.
Rio Tinto PLC (NYSE:RIO) was raised to Outperform from Neutral at Credit Suisse. The switch was from BHP and was because of vanishing Iron Ore surplus, attractive valuation and a stronger balance sheet for additional shareholder returns.
UnitedHealth Group Inc. (NYSE:UNH) raised to Buy from Hold with a 200 price target at Cantor Fitz. The consensus price target is 176.32, and the 52-wk trading range is 107.51 – 62.52.