Investing

Top 10 Analyst Upgrades and Downgrades: Apache, Nokia, Verizon and More

Labor Day is behind us and attendance should be starting back with interest in the markets again. Each morning 24/7 Wall St. reviews literally dozens and dozens of Wall Street analyst research reports. The aim is to find fresh ideas for investors and traders, for stocks to buy and stocks to sell. These are this Tuesday’s top Wall Street analyst upgrades, downgrades and initiations.

Apache Corp. (NYSE: APA) was raised to Buy at Mizuho Securities, and the price target was raised to $100 from $90. Its price target was raised to $113 from $106 at Canaccord Genuity. This was also named as a below book value stock in our recent screenings as well.

First American Financial Corp. (NYSE: FAF) was raised to Outperform from Market Perform at Keefe Bruyette & Woods.

Fidelity National Financial Inc. (NYSE: FNF) was raised to Outperform from Market Perform at Keefe Bruyette & Woods.

Finish Line Inc. (NASDAQ: FINL) was raised to Buy from Neutral at Janney Capital Markets.

Intrexon Corp. (NYSE: XON) was started as Buy at Mizuho Securities, started as Equal Weight at Barclays and started as Overweight at J.P. Morgan.

Nokia Corp. (NYSE: NOK) was raised to Hold from Sell at Deutsche Bank, raised to Neutral from Underperform at Credit Suisse and
Canaccord Genuity raised its price target to $5.50 from $3.30.

Transocean Ltd. Co. (NYSE: RIG) was maintained as Buy but the price target was lowered by $6 to $56 at Argus.

Verizon Communications Inc. (NYSE: VZ) was raised to Outperform from Market Perform at RBC Capital Markets.

Williams-Sonoma Inc. (NYSE: WSM) was downgraded to Hold from Buy at Canaccord Genuity.

World Point Terminals L.P. (NYSE: WPT) was initiated as Outperform with a $23 price target at Credit Suisse.

See also more analyst upgrades and downgrades for Tuesday.

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

 

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.