Investing
Top Analyst Upgrades and Downgrades (ADTN, BEAM, BBRY, DEO, DSW, FDO, JBL, KSS, LNKD, LULU, MU, SLM, YELP)
Published:
Last Updated:
From active traders to passive investors, it seems that everyone is interested in new ideas on how to make a profit. 24/7 Wall St. looks over research calls from all over the planet to find great ideas. Many research-driven ideas for stocks to buy and for stocks to sell come from independent research firms and some come from the large sell-side investment banking firms on Wall St. These are some of this Friday’s top analyst upgrades, downgrades and initiations seen from select Wall St. research calls.
ADTRAN Inc. (NASDAQ: ADTN) raised to Market Perform at Raymond James.
Beam Inc. (NYSE: BEAM) started as Hold at Stifel Nicolaus.
BlackBerry (NASDAQ: BBRY) maintained Underperform as the services outlook remains a concern according to Credit Suisse.
Diageo PLC (NYSE: DEO) started as Buy at Stifel Nicolaus.
DSW Inc. (NYSE: DSW) raised to Outperform with $73 price target at Credit Suisse.
Family Dollar Stores Inc. (NYSE: FDO) is in a tug of war as the dollar store was raised to Buy at Deutsche Bank but was downgraded to Neutral at Citigroup.
Jabil Circuit Inc. (NYSE: JBL) maintained Buy with $28 target at Argus.
Kohl’s Corp. (NYSE: KSS) cut to sell at Deutsche Bank.
LinkedIn Corp. (NYSE: LNKD) started as Sector Perform at RBC Capital Markets.
Lululemon Athletica Inc. (NASDAQ: LULU) maintained Hold but cut estimates at Argus, and lowered price target to $75 from $79 at Credit Suisse.
Micron Technology Inc. (NASDAQ: MU) reiterated Outperform and target price raised all the way up to $14 from $8 at Credit Suisse.
SLM Corp. (NASDAQ: SLM) reiterated Outperform and raised price target to $24 from $22 at Credit Suisse.
Yelp Inc. (NYSE: YELP) started as Sector Perform at RBC Capital Markets.
BofA/Merrill Lynch identified many top leveraged buyout candidates.
Jefferies has made a serious contrarian call by being bullish on select coal players.
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
