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Actionable news in CNX: CONSOL ENERGY Inc,

Top Analyst Upgrades and Downgrades: AK Steel, Apple, CONSOL, IAMGOLD, Juniper Networks, Tyson Foods and More

Stocks were indicated slightly lower on Monday, but that is after another solid week that took the Dow and S&P 500 back within about 3% to 4% of highs. Investors keep showing that they will buy the top stocks and other value stocks or opportunities when they can. 24/7 Wall St. reviews dozens of analyst research reports each day of the week. Some analyst reports cover stocks to buy and others cover stocks to sell or avoid. These are this Monday’s top analyst upgrades, downgrades and initiations.

AK Steel Holding Corp. (NYSE: AKS) was downgraded to Underperform from Neutral and the price target was slashed to $1.00 from $4.00 (versus a $2.66 prior close) at Bank of America Merrill Lynch. What matters here is that until recently Merrill Lynch had been the biggest AK Steel turnaround bull, but now it sees steel prices being lower for even longer.

Apple Inc. (NASDAQ: AAPL) was reiterated as Market Perform at Cowen, with a $135 price target, in a call that is ahead of this week’s earnings report. Apple closed up 3.1% at $119.08 on Friday and has a 52-week trading range of $92.00 to $134.54. Apple’s consensus price target is roughly $148.50.

CONSOL Energy Inc. (NYSE: CNX) was reiterated as Underperform at Merrill Lynch, but the price target was cut to $9.00 from $13.00, even lower that the $9.50 close on Friday. The firm simply noted that there is a growing gap between the bull case and current reality. The 52-week trading range is $8.68 to...


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