Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$AMGN, $KO, $IBM, $PG, $VIAB

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:

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

Stay tuned…

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