Here are the biggest calls on Wall Street on Thursday.
Baird downgraded Tesla to neutral from outperform.Bank of America upgraded Goldman Sachs to buy from neutral.Bank of America raised its price target on Alphabet to $1,620 from $1,450.Credit Suisse upgraded Coca-Cola to outperform from neutral.Jefferies raised its price target on Apple to $350 from $285.Buckingham upgraded Goldman Sachs to buy from neutral.Raymond James initiated Shake Shack as underperform.Cowen upgraded Snap to outperform from market perform.
Barclays said in its upgrade of the stock that it saw "outsized global fundamental growth" in the consumer products and retail area.continues to offer what we believe to be an attractive combination of outsized global fundamental growth within both retail & consumer products. The tempering of F20/LT guidance, coupled with fundamental re-acceleration into F20 & recent stock price easing lead us to upgrade to Overweight. Our PT is $107.
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