Wall Street analysts revise ratings and price targets for Amazon, Caterpillar and Intel
AMZN•Analysts revised ratings and price targets on numerous U.S.-listed companies. Amazon received both increases and cuts, while analysts cut targets for Caterpillar and Intel, including Intel cuts to $75 from $95 and Caterpillar cuts to $746 from $850.
1. Analyst actions
Wall Street securities analysts revised ratings and price targets on several U.S.-listed companies on Friday, with Amazon, Caterpillar and Intel highlighted among the names. The research actions covered a broad range of companies and were listed alphabetically.
2. Selected target changes
Amazon analysts made mixed moves: HSBC raised its target to $325 from $310, while Morgan Stanley cut to $335 from $350 and Oppenheimer cut to $285 from $320. Caterpillar targets were cut by several firms, including BofA Global Research to $746 from $850 and JP Morgan to $1,000 from $1,100. Intel targets were also cut, including Jefferies to $85 from $120 and TD Cowen to $75 from $95.
