Investing
Top Analyst Upgrades and Downgrades: BP, Exxon, Exelon, Home Depot, Sirius XM, McDonald's, Disney and More
Published:
Stocks were indicated higher after a couple days of selling. The one trend that remains in place is that investors buy stocks whenever there is a pullback. 24/7 Wall St. reviews dozens of analyst reports each morning to find new investment and trading ideas for its readers.
Some of these analyst research reports cover stocks to buy. Others cover stocks to sell or avoid. These are this Thursday’s top analyst upgrades, downgrades and initiations.
Abercrombie & Fitch Co. (NYSE: ANF) was downgraded to Neutral from Buy at Nomura.
American Eagle Outfitters Inc. (NYSE: AEO) was raised to Buy from Neutral at B. Riley.
BP PLC (NYSE: BP) was reiterated as Outperform at Oppenheimer, but the price target was raised to $50 from $45.
Century Aluminum Co. (NASDAQ: CENX) was downgraded to Equal Weight from Overweight at Morgan Stanley.
Exxon Mobil Corp. (NYSE: XOM) was downgraded to Hold from Buy at Evercore ISI.
Exelon Corp. (NYSE: EXC) was raised to Overweight from Neutral at J.P. Morgan.
Green Dot Corp. (NYSE: GDOT) was raised to Outperform from Neutral at Credit Suisse.
ALSO READ: 12 Top Companies With Big Imminent Dividend Hikes
Home Depot Inc. (NYSE: HD) was reiterated as Outperform at Oppenheimer, but the price target was raised to $133 from $115.
Lowe’s Companies Inc. (NYSE: LOW) was reiterated as Outperform at Oppenheimer, but the price target was raised to $85 from $77.
McDonald’s Corp. (NYSE: MCD) was downgraded to Neutral from Overweight at Piper Jaffray.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) was downgraded to Neutral from Overweight at HSBC.
Plantronics Inc. (NYSE: PLT) was raised to Outperform from Market Perform at Raymond James.
STMicroelectronics N.V. (NYSE: STM) was downgraded to Underweight from Neutral at HSBC.
Sirius XM Holdings Inc. (NASDAQ: SIRI) was started as Hold at Deutsche Bank.
ALSO READ: The 5 Most Loved Biotech Stocks of Portfolio Managers
Time Warner Inc. (NYSE: TWX) was started as Buy at Deutsche Bank.
Tenet Healthcare Corp. (NYSE: THC) was downgraded to Market Perform from Outperform at BMO Capital Markets.
Walt Disney Co. (NYSE: DIS) was started as Hold at Deutsche Bank.
Wednesday’s top analyst upgrades and downgrades included Alcoa, Apache, Bob Evans Farms, Dick’s Sporting Goods, F5 Networks, McDonald’s and more.
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. 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.