Investing
Top Analyst Upgrades and Downgrades: Citigroup, Equinix, IBM, Visa, Yahoo, Walmart and More
Published:
Stocks have been trying to recover from their sell-off, but investors remain wary. Equity investors want upside from stocks, but they also want to avoid a market correction or a bad stock pick. 24/7 Wall St. reviews many analyst research reports each morning of the week for new ideas for our readers. Some of the analyst calls cover stocks to buy, while others cover stocks to sell or stocks to avoid. These are this Tuesday’s top analyst upgrades, downgrades and initiations.
Citigroup Inc. (NYSE: C) was raised to Outperform from Market Perform at Bernstein. Sterne Agee maintained its Neutral rating but raised estimates.
Dean Foods Co. (NYSE: DF) was started with a Buy rating at BB&T Capital Markets.
EnerNOC Inc. (NASDAQ: ENOC) was raised to Overweight from Neutral with a $24.50 price target by J.P. Morgan.
Equinix Inc. (NASDAQ: EQIX) was raised to Outperform from Perform at Oppenheimer.
Halozyme Therapeutics Inc. (NASDAQ: HALO) was started as Buy at Citigroup.
ALSO READ: Five Sure Ways to Earn Yourself an IRS Audit
International Business Machines Corp. (NYSE: IBM) was downgraded to Neutral from Buy at Citigroup.
Lululemon Athletica Inc. (NASDAQ: LULU) was reiterated as Buy with a $69 target around the analyst day at Canaccord Genuity.
MasterCard Inc. (NYSE: MA) was raised to Buy from Neutral at Janney Capital Markets.
Morgan Stanley (NYSE: MS) was raised to Buy from Neutral at Bank of America Merrill Lynch.
PetSmart Inc. (NASDAQ: PETM) was downgraded to Underperform from Neutral at Merrill Lynch.
ALSO READ: Jefferies Stocks To Buy That Could Jump From Earnings Surprises
Repligen Corp. (NASDAQ: RGEN) was started with a Buy at Jefferies.
Spansion Inc. (NYSE: CODE) was started as Buy at Sterne Agee.
Wal-Mart Stores Inc. (NYSE: WMT) was downgraded to Underperform from Market Perform at William Blair.
Visa Inc. (NYSE: V) was raised to Buy from Neutral at Janney Capital Markets.
Yahoo! Inc. (NASDAQ: YHOO) was raised to Outperform from Neutral at Macquarie.
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
