Investing
Top Analyst Upgrades and Downgrades: GoPro, Twitter, Sarepta, Yodlee and More
Published:
Despite the market volatility and despite the earnings season floodgates being wide open, investors keep signaling that they will buy dips and seek oversold or overlooked stocks. 24/7 Wall St. reviews dozens of Wall Street analyst research reports each morning of the week for new ideas. Some analyst calls cover stocks to buy and some reports cover stocks to sell. These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research firms.
Buffalo Wild Wings Inc. (NASDAQ: BWLD) was raised to Outperform from Neutral at Baird.
Bunge Ltd. (NYSE: BG) was downgraded to Neutral from Overweight at J.P. Morgan.
DryShips Inc. (NASDAQ: DRYS) was raised to Outperform from Underperform with a $1.90 price target at Imperial Capital.
GoPro Inc. (NASDAQ: GPRO) was started as Outperform with an $81 price target at Wedbush Securities.
HSN Inc. (NASDAQ: HSNI) was started as Buy at Brean Capital.
Nabors Industries Ltd. (NYSE: NBR) was downgraded to Market Perform from Outperform at Wells Fargo in a sector downgrade.
Patterson-UTI Energy Inc. (NASDAQ: PTEN) was downgraded to Market Perform from Outperform by Wells Fargo.
Plum Creek Timber Co. (NYSE: PCL) was downgraded to Neutral from Buy at Bank of America Merrill Lynch.
ALSO READ: How Analysts Rate Alibaba Ahead of Quiet Period Ending
Sarepta Therapeutics Inc. (NASDAQ: SRPT) was downgraded to Neutral from Outperform at Baird after Monday’s drug delay caused a 32% stock drop.
Twitter Inc. (NYSE: TWTR) was down over 10% and most analysts are now losing faith after lower usage. Twitter was downgraded to Sector Perform at RBC Capital Markets, to Neutral at Merrill Lynch, to Neutral at Nomura and to Sell at Stifel. Goldman Sachs maintained its Buy rating but cut its target price to $60 from $63.
Yodlee Inc. (NASDAQ: YDLE) was started as Outperform with a $17 price target at Credit Suisse and was started as Buy at Goldman Sachs.
In case you missed Monday’s analyst upgrades and downgrades, they were included Anadarko Petroleum, Alcoa, Garmin, Newmont Mining, ONEOK, PNC Financial Services and more.
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.
Latest from 24/7
