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Top 10 Analyst Upgrades and Downgrades: FedEx, Onyx, 3D Systems, YRC and More
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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 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 10 of the top analyst upgrades, downgrades and initiations seen from select Wall Street research calls this Monday.
Celestica Inc. (NYSE: CLS) was upgraded to Buy from Hold with a $11.75 price target at Canaccord Genuity.
FedEx Corp. (NYSE: FDX) was started as Neutral with a $108 price target at Credit Suisse.
Hormel Foods Corp. (NYSE: HRL) was upgraded to Outperform from Neutral at Credit Suisse.
Onyx Pharmaceuticals Inc. (NASDAQ: ONXX) was cut to Neutral from Outperform at RW Baird.
Potash Corp. of Saskatchewan (NYSE: POT) was cut to Market Perform from Outperform at Raymond James.
Riverbed Technology Inc. (NASDAQ: RVBD) was cut to Market Perform at Northland Securities (boutique).
Stratasys Ltd. (NASDAQ: SSYS) was started as Buy with a $102 price target at Brean Capital.
3D Systems Corp. (NYSE: DDD) was started as Buy with a $60 price target at Brean Capital.
Whole Foods Market Inc. (NASDAQ: WFM) was cut to Hold from Buy at Cantor Fitzgerald.
YRC Worldwide Inc. (NASDAQ: YRCW) was started as Underperform with a $7 price target at Credit Suisse (full summary on analyst change).
Deutsche Bank has raised its price targets on its top stocks to buy.
UBS named its top high-conviction dividend growth stocks.
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