Investing
Top 10 Analyst Upgrades and Downgrades: Apple, Intuit, MetroPCS and More
Published:
Last Updated:
Investors and traders are usually on the lookout for new research ideas that will generate higher income or more profits. 24/7 Wall St. reviews many analyst research calls from Wall St. and from boutique firms to find great ideas in value stocks, growth stocks and dividend stocks. Some are stocks to buy, while some ideas are even stocks to sell. These are 10 of the top analyst upgrades, downgrades and initiations seen from select Wall Street research calls this Thursday.
Apple Inc. (NASDAQ: AAPL) was raised from a Long-Term Buy rating up to a Buy rating from a boutique wealth management firm called Hilliard Lyons, which is based in Louisville, Ky.
F5 Networks Inc. (NASDAQ: FFIV) was raised to Buy from Neutral at Nomura.
Federal-Mogul Corp. (NASDAQ: FDML) was raised to a still-cautious Neutral rating from a Sell rating at Goldman Sachs.
Intuit Inc. (NASDAQ: INTU) was downgraded to Neutral at Citigroup and downgraded to Neutral at J.P. Morgan after earnings; shares are down a sharp 12% or so after the report.
McGraw-Hill Companies Inc. (NYSE: MHP) was downgraded to Hold from Buy at Jefferies.
MetroPCS Communications Inc. (NYSE: PCS) was upgraded going into the reverse T-Mobile acquisition/merger to a new Overweight rating at J.P. Morgan.
Read also: Sell in May and Go Away, 2013 Edition
Procter & Gamble Co. (NYSE: PG) was raised to Buy from Neutral at SunTrust after the fresh post-earnings reaction took shares lower, and the price target was raised to $88 from $80.
Sprint Nextel Corp. (NYSE: S) was downgraded to Hold from Buy late on Wednesday by Capital IQ ahead of the new merger plan.
TC Pipelines (NYSE: TCP) was downgraded to Neutral from Buy at Bank of America/Merrill Lynch.
Yum! Brands Inc. (NYSE: YUM) was raised to Market Perform from Underperform at Raymond James.
Read also: The Best Big Earnings Indicators This Earnings Season
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
