Investing

Top 11 Analyst Upgrades and Downgrades: Charter, GE, Halliburton and More

Investors and traders usually are hunting for new research ideas that will generate higher income or more profits. 24/7 Wall St. reviews many analyst research calls each day from Wall Street 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 some of the top analyst upgrades, downgrades and initiations seen from select Wall Street research calls this Tuesday.

Baker Hughes Inc. (NYSE: BHI) was raised to Outperform from Market Perform at Cowen & Co.

Broadsoft Inc. (NASDAQ: BSFT) was started as Market Perform by Wells Fargo.

Charter Communications Inc. (NASDAQ: CHTR) was reinstated as Outperform with a $147 price target with M&A upside potential looming at Credit Suisse.

Fidelity National Information Services Inc. (NYSE: FIS) was raised to Neutral from Underperform at Credit Suisse.

General Electric Co. (NYSE: GE) was reiterated as Outperform but its target was raised to $27 from $25 at Credit Suisse.

Halliburton Co. (NYSE: HAL) was added to the Focus List at Credit Suisse, and the firm maintained a Outperform rating and raised its target price to $55 from $53 as “the one you marry.” Sterne Agee also reiterated a Buy rating but raised its target price up to $58 from $45.

Honeywell International Inc. (NYSE: HON) was reiterated as Outperform and the price target was raised to $91 from $87 at Oppenheimer.

Lam Research Corp. (NASDAQ: LRCX) was started as Outperform at RBC Capital Markets.

Sally Beauty Holdings Inc. (NYSE: SBH) was downgraded to Neutral from Buy at Sterne Agee.

Total System Services Inc. (NYSE: TSS) was raised to Outperform from Neutral and the target price was raised to $30 from $24 at Credit Suisse.

Yahoo! Inc. (NASDAQ: YHOO) was cut to Hold from Buy at Needham.

UBS issued list of stocks to buy that will beat earnings estimates, while Deutsche Bank has issued its list of major companies that will survive and thrive under a strengthening U.S. dollar.

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