AngloGold Ashanti Ltd. (NYSE: AU) was cut to Underperform from Market Perform at BMO Capital Markets.
Bank of New York Mellon Corp. (NYSE: BK) was raised to Buy from Neutral at Citigroup.
Hartford Financial Services Group Inc. (NYSE: HIG) was cut to Market Perform from Outperform at Keefe Bruyette & Woods.
J.P. Morgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC) were both reiterated as Buy and the price targets were raised (to $65 on JPM and $44 on Wells Fargo) after earnings by Sterne Agee.
Leap Wireless International Inc. (NASDAQ: LEAP) has been upgraded at many firms, as analysts were caught off-guard by the AT&T Inc. (NYSE: T) buyout: raised to Market Perform at BMO Capital Markets, to Neutral at R.W. Baird, to Overweight at Barclays and to Neutral at J.P. Morgan.
NetApp Inc. (NASDAQ: NTAP) was raised to Overweight from Equal Weight at Morgan Stanley.
Newmont Mining Corp. (NYSE: NEM) was cut to Market Perform from Outperform at BMO Capital Markets.
Portugal Telecom SGPS S.A. (NYSE: PT) was cut to Underperform from Neutral at BNP Paribas.
United Parcel Service Inc. (NYSE: UPS) has seen many downgrades and estimates cut: cut to Hold at BB&T, cut to Outperform at Raymond James and cut to Neutral at J.P. Morgan.
Get ready for this bull market to become a secular bull market. A technician we have followed for some time is calling for the next cycle to take the S&P 500 from 1,675 or so now up to 2,584 before it is all over. That would be more than 50% more gains in the SPDR S&P 500 (NYSEMKT: SPY).
Here are 10 stocks that should lag the market if China’s growth does not resume soon.
Top Gaining Stocks
Top Losing Stocks