Investing
Top Analyst Upgrades and Downgrades: AMC, Cisco, NextEra, NRG, Staples and More
Published:
Last Updated:
Stocks are firm on Tuesday after a three-day weekend. Now investors keep hearing that it is a stock picker’s market rather than a raging bull market. 24/7 Wall St. reviews dozens of analyst research reports for new ideas each trading day. Some reports cover stocks to buy, and others cover stocks to sell or to avoid. These are this Tuesday’s top Wall Street analyst upgrades, downgrades and initiations.
AMC Entertainment Holdings Inc. (NYSE: AMC) was raised to Buy from Neutral at B. Riley.
AstraZeneca PLC (NYSE: AZN) was downgraded to Sell from Hold at Societe Generale.
Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) was downgraded to Neutral from Overweight by HSBC.
Burger King Worldwide Inc. (NYSE: BKW) was started as Equal Weight at Morgan Stanley.
Cisco Systems Inc. (NASDAQ: CSCO) was raised to Buy from Hold and the price target was raised to $30 from $25 at Deutsche Bank.
ALSO READ: Thirteen Analyst Stocks Under $10 With Big Upside Calls
Credit Suisse Group A.G. (NYSE: CS) was raised to Buy from Hold at Deutsche Bank.
NextEra Energy Inc. (NYSE: NEE) was maintained as a Buy rating, but it was removed from the coveted Conviction Buy List by Goldman Sachs.
NRG Energy Inc. (NYSE: NRG) was maintained as a Buy rating but was added to the prized Conviction Buy List by Goldman Sachs.
Office Depot Inc. (NYSE: ODP) was raised to Buy from Neutral at Goldman Sachs.
Palo Alto Networks Inc. (NYSE: PANW) was raised to Buy from Neutral at Nomura.
ALSO READ: Five Momentum Stocks That Could Be Hot Summer Trades
Staples Inc. (NASDAQ: SPLS) was downgraded to Sell from an already cautious Neutral rating at Goldman Sachs, and the price target is $11 (versus a $11.65 closing price).
Sun Life Financial Inc. (NYSE: SLF) was started as Buy at Canaccord Genuity.
Youku Tudou Inc. (NYSE: YOKU) was raised to Neutral from Underweight at HSBC.
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
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.