
Some analyst reports cover stocks to buy, and others cover stocks to sell or stocks to avoid. These are this Monday’s top analyst upgrades and downgrades.
AmerisourceBergen Corp. (NYSE: ABC) was raised to Buy from Neutral with a $118 price target (versus a $106.15 close) at UBS.
Anadarko Petroleum Corp. (NYSE: APC) was maintained as Buy at Argus, but the firm lowered the price target by $20 to $100.
E.I. du Pont de Nemours and Co. (NYSE: DD), or DuPont, was downgraded to Underperform from Buy at Bank of America Merrill Lynch.
FXCM Inc. (NYSE: FXCM) was downgraded to Underperform from Market Perform at Keefe Bruyette & Woods. This was also one of last week’s five highly unusual movers featured this weekend.
Garmin Ltd. (NASDAQ: GRMN) downgraded to Perform from Outperform at Oppenheimer.
Hanesbrands Inc. (NYSE: HBI) was started as Buy with a $38 price target (versus a $32.61 close) at Sterne Agee.
Inotek Pharmaceuticals Corp. (NASDAQ: ITEK) was started as Outperform and given a $15 price target (versus a $5.69 close) at Cowen.
JetBlue Airways Inc. (NASDAQ: JBLU) was raised to Outperform from Market Perform with a $22 price target (versus an $18.12 close) at Raymond James.
ALSO READ: 8 Analyst Stocks Under $10 With Massive Upside
King Digital Entertainment PLC (NYSE: KING) was raised to Overweight from Neutral with a $20 price target (versus a $14.90 close) at J.P. Morgan.
Netflix Inc. (NASDAQ: NFLX) was downgraded to Sell from Hold and the price target was cut to $380 from $450 (versus a $438.40 close) at Evercore ISI.
NextEra Energy Inc. (NYSE: NEE) was raised to Buy from Hold with a $113 price target (versus a $100.61 close) at Deutsche Bank.
PennyMac Mortgage Investment Trust (NYSE: PMT) was reiterated as Outperform with a $24 price target on recent weakness (versus a $20.69 close) at Credit Suisse.
Petrobras Argentina S.A. (NYSE: PZE) was raised to Buy from Underperform with a $9 price target (versus a $6.35 close) at Merrill Lynch.
Seagate Technology PLC (NASDAQ: STX) was raised to Strong Buy from Buy with a $65 price target (versus a $53.76 close) at Needham.
Union Pacific Corp. (NYSE: UNP) was raised to Outperform from Neutral at Macquarie.
YPF S.A. (NYSE: YPF) was raised to Buy from Underperform and the price objective was raised to $39 from $26 (versus a $26.74 close) at Merrill Lynch.