Stocks were indicated lower on Tuesday due to weak retail earnings and due to Chinese stock market weakness persisting. While the bull market is over six years old now, the one trend that is nearly four years old is that investors have bought every stock market sell-off. 24/7 Wall St. reviews dozens of analyst research reports each morning to find new trading ideas and investing ideas for its readers. Some analyst calls cover stocks to buy, and other analyst calls cover stocks to sell or stocks to avoid.

These are this Tuesday’s top analyst upgrades, downgrades, and initiations.

Agilent Technologies Inc. (NYSE: A) was reiterated as Buy with a fair value estimate of $46.00 at Janney Capital Markets. BofA Merrill Lynch reiterated a Buy rating and a $46 price objective after a solid quarterly report despite China weakness.

SanDisk Corp. (NASDAQ: SNDK) was downgraded to Underperform from Buy with a price objective of $40.00 at BofA Merrill Lynch. SanDisk had a consensus price target closer to $66 and closed at $58.20, and it has a 52-week range of $53.18 to $106.64.

SunEdison, Inc. (NYSE: SUNE) was reiterated as Outperform with a $35 target price at Credit Suisse. This is after a $14.68 and after a new warehouse and capital raise address liquidity concerns based upon a proposed offering of $500 million in perpetual convertible preferred stock.

Urban Outfitters Inc. (NASDAQ: URBN) was maintained as Neutral and the target price was cut to $38 from $40 at Credit Suisse. Mizuho maintained its Neutral rating but cut its target price down to $34 from $36. Shares were down 1%  at $31.90 after earnings, against a 52-week range of $27.89 to $47.25.

The Walt Disney Company (NYSE: DIS) was downgraded to Market Perform from Outperform at Wells Fargo. Disney shares rose almost 2% at $109.05 the prior day, and it has a consensus price target of $121.30 and a 52-week range of $78.54 to $122.08. This was just noted over the weekend as having one of three bad charts trying to show signs of life.

ALSO READ: 6 Analyst Stocks Called To Rise 50% to 100%

Other top analyst upgrades, downgrades and initiations from this Monday were seen in other companies as follows:

Activision Blizzard Inc. (NASDAQ: ATVI) was reiterated as Buy and the price target was raised to $34 from $30 (versus $29.30 close) at Argus.

Advance Auto Parts Inc. (NYSE: AAP) was raised to Buy with target of $217 (versus $184.69 close) at Argus.

CBS Corp. (NYSE: CBS) was downgraded to Market Perform from Outperform at Wells Fargo.

Clear Channel Outdoor (NYSE: CCO) was downgraded to Market Perform from Outperform at Wells Fargo.

Echo Global Logistics, Inc. (NASDAQ: ECHO) was raised to Buy from Hold at Stifel Nicolaus.

ALSO READ: Why Buffett Keeps Selling His Oil Stocks

Houston Wire & Cable Company (NASDAQ: HWCC) was raised to Market Perform from Underperform at Raymond James.

LATAM Airlines Group SA (NYSE: LFL) was downgraded to In-Line from Outperform at Imperial Capital. The price target was cut to $7 from $13 in the call, versus a $5.25 price.

magicJack VocalTec Ltd. (NASDAQ: CALL) was reiterated as Hold at Canaccord Genuity.

NN, Inc. (NASDAQ: NNBR) was started as Buy with a price target of $30.00 (versus $24.46 close) at Stifel Nicolaus.

Panera Bread Co. (NASDAQ: PNRA) was maintained as Buy but it was removed from the US 1 list as part of a rebalancing.

SFX Entertainment, Inc. (NASDAQ: SFXE) was downgraded to Sell from Hold at Stifel Nicolaus.

Silicon Motion Technology Corp. (NASDAQ: SIMO) was downgraded to Underperform from Buy at BofA Merrill Lynch.

Spectranetics Corp. (NASDAQ: SPNC) was raised to Strong Buy from Buy at Needham.

Tech Data Corp. (NASDAQ: TECD) was reinstated as Underperform with a $49 price objective (versus $59.67 close) at BofA Merrill Lynch.

ALSO READ: 6 Oil & Gas Stocks Analysts Want You To Buy Now

21st Century Fox, Inc. (NASDAQ: FOXA) was downgraded to Market Perform from Outperform at Wells Fargo.

In case you missed out on Monday’s top analyst upgrades and downgrades, they were in shares of Blue Buffalo, Cisco, JCPenney, JPMorgan, Micron, Tesla, and over a dozen more companies.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.