Investing
Top Analyst Upgrades and Downgrades: Box, BBVA, Freescale, Micron, Nordstrom and More
Published:
Last Updated:
24/7 Wall St. reviews many fresh research calls each and every morning to find new investing and trading ideas for its readers. Some research reports cover stocks to Buy. Other reports cover stocks to sell or to avoid. Investors have proven over and over for more than two years now that they want to buy all the dips. They also want to buy value or overlooked growth stories.
These are Tuesday’s top analyst upgrades, downgrades and initiations from 24/7 Wall St.
ADT Corp. (NYSE: ADT) was raised to Outperform from Perform at Oppenheimer.
American Express Co. (NYSE: AXP) was downgraded to Neutral from Buy at Guggenheim.
Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) was raised to Outperform from Underperform at BNP Paribas.
Box Inc. (NYSE: BOX) was down almost 1% at $20.00 after the quiet period expired, due in part to tame coverage being issued. It was started as follows: as Market Perform at BMO Capital Markets. Sector Perform at Pac-Crest, Market Perform at Wells Fargo and Neutral at J.P. Morgan. Credit Suisse was the one firm that assigned an Outperform rating.
ALSO READ: 2 Stocks Could Double on a Massive Short-Squeeze
Freescale Semiconductor Ltd. (NYSE: FSL) was downgraded to Sector Perform from Outperform at RBC Capital Markets.
IMAX Corp. (NYSE: IMAX) was downgraded to Hold from Buy at Canaccord Genuity.
Micron Technology Inc. (NASDAQ: MU) was raised to Outperform from Neutral at Macquarie.
Nordstrom Inc. (NYSE: JWN) was downgraded to Underweight from Equal Weight at Barclays.
Macy’s Inc. (NYSE: M) was started as Underweight at Barclays.
Regeneron Pharmaceuticals Inc. (NASDAQ: REGN) was started as Outperform at Bernstein.
Support.com Inc. (NASDAQ: SPRT) was raised to Buy from Neutral at Bank of America Merrill Lynch.
Travelers Companies Inc. (NYSE: TRV) was raised to Neutral from Sell at Citigroup.
Turkcell Iletisim Hizmetleri AS (NYSE: TKC) was raised to Buy from Neutral at Goldman Sachs.
ALSO READ: UBS Quality Growth at a Reasonable Price Stocks Beating the S&P 500
Are You Ahead, or Behind on Retirement? (sponsor)
If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: are you ahead, or behind on your retirement goals?
Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With SmartAsset’s free tool, you can connect with vetted financial advisors in minutes.
Why wait? Click here to get started today!
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.