Investing
Top Analyst Downgrades and Stocks to Sell: Walmart, Target, Zynga and More
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Now that interest rates have risen and stocks have slid, investors are looking for bargain stocks but also trying to decide which stocks they should get out as well. These same investors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. What they often do not get to see is when analyst downgrade stocks to sell or to avoid.
24/7 Wall St. reviews many fresh research calls each and every day to find great ideas from value stocks to growth stocks to dividend stocks and we have broken out the negative analyst calls today. These are this Tuesday’s top analyst downgrades and cautious research notes from Wall Street.
ArcelorMittal (NYSE: MT) was downgraded to Underweight from Equal Weight at Morgan Stanley.
Panera Bread Co. (NASDAQ: PNRA) was downgraded to Hold from a prior Buy rating at Jefferies.
Royal Gold Inc. (NASDAQ: RGLD) was downgraded to Hold from Buy at BB&T Capital Markets.
Target Corp. (NYSE: TGT) was downgraded to Neutral from Positive with a price target that is up at $73 at Susquehanna.
Wal-Mart Stores Inc. (NYSE: WMT) was downgraded to Neutral from Positive with a price target that is up at $79 at Susquehanna.
Zynga Inc. (NASDAQ: ZNGA) was started at Sell with a $2.50 fair value at Janney Capital.
Here are the stocks that Warren Buffett just dumped out of the Berkshire Hathaway portfolio.
Speaking of out of favor stocks potentially creating a value situation, we have identified five big stocks trading under book value for you value investors.
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