Top Analyst Upgrades and Downgrades: Apple, AT&T, DuPont, Fitbit, Huntington Bancshares, McDonald's, Merck, Newmont, Sprint and More

Investing

Published: January 27, 2016 8:55 am

Last Updated: January 13, 2020 2:32 pm

Stocks were indicated lower after companies like Apple, Boeing and AT&T were taking shareholders down after earnings. The volatility in 2016 remains in place. While investors may have seen every rally in 2016 turn into selling, they should also remember that every dip was bought for over four years, until the end of 2015.

24/7 Wall St. reviews dozens of analyst reports each morning to find new investing and trading ideas for its readers. Some analyst reports are on stocks to buy, while other reports cover stocks to sell or avoid.

These are this Wednesday’s top analyst calls.

Apple Inc. (NASDAQ: AAPL) was reiterated as Buy with a $146 price target at Canaccord Genuity. Apple closed up 0.5% at $99.99 before earnings, but the guidance and China headwinds comments had Apple shares indicated down 3.4% at $96.55 on Wednesday. Piper Jaffray maintained its Overweight rating but trimmed the target price to $172 from $179. FBR Capital Markets maintained its Overweight rating but slashed its price target to $130 from $185. Susquehanna maintained its Positive rating and $140 price target, and Credit Suisse maintained an Outperform rating and $140 target.

AT&T Inc. (NYSE: T) closed up 1.1% at $35.40 ahead of earnings and was last seen indicated down 2.2% at $34.61. AT&T was reiterated as Buy with a $40 price target at Jefferies. It has a consensus price target of $37.13 and a 52-week trading range of $30.97 to $36.45.

E.I. du Pont de Nemours and Co. (NYSE: DD), or DuPont, was started as Neutral with a $58 price target (versus a $53.46 prior close) at Credit Suisse. The consensus target is closer to $69, and the 52-week range is $47.11 to $76.59.