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Apple and Amazon Make the Grade: The Week in Analysts' Reports

The weekly guide to upgrades, downgrades and price target changes includes price target upgrades to Apple, Netflix and Amazon.
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Stock analysts issued reports this on such companies as Apple  (AAPL) - Get Free Report, Intel  (INTC) - Get Free Report and Amazon  (AMZN) - Get Free Report.


Regeneron Pharmaceuticals  (REGN) - Get Free Report was upgraded to buy from hold by SunTrust analyst Robyn Karnauskas, who also lifted her share-price target to $750 from $400.

Nikola  (NKLA) - Get Free Report was upgraded to overweight from neutral by J.P. Morgan analyst Paul Coster, who affirmed his price target at $45.

Avis Budget Group  (CAR) - Get Free Report was upgraded by Morgan Stanley analyst Adam Jonas to overweight from equal-weight, who raised his price target to $37 from $25.

JPMorgan Chase  (JPM) - Get Free Report was upgraded to outperform by Wolfe analyst Steven Chubak, who also raised his rating on Wells Fargo  (WFC) - Get Free Report to peer perform.


Intel was downgraded by Goldman Sachs analyst Toshiya Hari to sell from neutral with a price target of $54, down from $65.

Altria Group  (MO) - Get Free Report was downgraded by Barclays analyst Gaurav Jain to equal-weight from overweight. The analyst also trimmed his share price target to $43 from $50.

Evolus  (EOLS) - Get Free Report was downgraded to neutral from buy by Mizuho analyst Vamil Divan, who slashed his share-price target to $3 from $8. SunTrust Robinson Humphrey also DocuSignhalved its share-price target for Evolus to $6

Price Target Changes's price target was raised by Citi analyst Jason Bazinet to a Wall Street high of $3,550 to $2,700.

Netflix's  (NFLX) - Get Free Report price target was raised by Goldman Sachs analyst Heath Terry to a Wall Street high $670 from $540.

DocuSign  (DOCU) - Get Free Report had its share price target raised by two firms. Wedbush, analyst Daniel Ives increased his share-price target to $240 from $165 and affirmed his outperform rating. J.P. Morgan analyst Patrick Walravens lifted his share-price target to $233 from $150, affirming his outperform rating.

Apple had its share price target raised to $400 from $380 by Deutsche Bank analyst Jeriel Ong, affirmed his buy rating.

Initiation of Coverage

Beyond Meat  (BYND) - Get Free Report was initiated with a sell rating by Citi analyst Wendy Nicholson with a $123 price target.

Alibaba Group  (BABA) - Get Free Report was initiated with a buy rating Needham analyst Vincent Yu with a $275 share price target.

J.P. Morgan Alexia Quandrani affirmed an overweight rating on Disney  (DIS) - Get Free Report with a $135 price target.