Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AMGN, $KO, $IBM, $PG, $VIAB
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Wednesday, as follows:
Amgen Inc. (NASDAQ:AMGN) analysts started as Outperform and assigned a 166 price target at Oppenheimer. It has a consensus analyst price target of 182.21 and a 52-wk trading range of 133.64 – 176.85.
Coca-Cola Co. (NYSE:KO) analysts downgraded to Hold from Buy with a 44 price target at Deutsche Bank. It has a 52-wk trading range of 39.88 – 47.13 and a consensus price target at 46.54.
International Business Machines Corp. (NYSE: IBM) was reiterated as Underperform with a $110 price target at Credit Suisse. IBM has a 52-wk trading range of 116.90 – 166.79. That 52-week high was hit Monday, and the consensus price target was last seen at 156.62,
Procter & Gamble Co. (NYSE:PG) analysts downgraded to Hold from Buy with a 90 price target at Deutsche Bank. The 52-wk trading range is 74.46 – 90.33, and the consensus price target is 92.00.
Viacom Inc. (NASDAQ:VIAB) analysts downgraded to Underperform from Sector Perform with a 30 price target at RBC Capital Markets. It was also downgraded to Neutral after the withdrawal of the CBS merger proposal by National Amusements at Wedbush Securities. Shares at 34.96 Tuesday