Investors have been reintroduced to stock market volatility. The market tanked earlier in the week, but after Chinese intervention investors found yet another reason to live up to their habit of buying the dips. That leaves many investors looking for upside and value.

24/7 Wall St. reviews dozens of analyst and research reports each morning to find new trading and investment ideas for its readers. Some of the analyst calls cover stocks to Buy, but some come with far more upside than the traditional 8% to 15% for Dow and S&P 500 stocks. Some analyst calls in low-priced stocks or stocks under $10.00 come with far greater upside than normal. It is not unusual to see upside of more than 30%, 50% or even 100% in extreme cases. That also implies that there is far more risk.

Readers also need to keep in mind that the volatility of this past week created a rift. Analyst calls made on Monday might have been dealing with ancient history in share prices by the time Wednesday, Thursday or Friday rolled around. An effort was made here to avoid or at least discount analyst calls from the very start of the week that only look like huge upside due to a price drop.

One rule of thumb about low-priced or small-cap stocks is that they are often either less developed or they have run into problems. The notion that all stocks are future giants just simply is not a safe assumption. Some speculative stocks like this may even disappear in time.

Many of these companies are far riskier than traditional Dow and S&P 500 stocks. These seven low-priced stocks are likely not suitable for most accounts, leaving them suitable for only the most aggressive investors. Please note that some of these stocks may have risen back above the $10.00 mark after the calls were made.

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Banco Santander S.A. (NYSE: SAN) was raised to Buy from Hold at Deutsche Bank on Friday. No American depositary share (ADS) equivalent price target was seen, and it had almost no impact in shares that traded in New York. Banco Santander shares closed down three cents at $6.20 on Friday, within a 52-week range of $5.88 to $10.29. Banco Santander is based in Spain, but the bank and financial services giant operates in a network in many countries.

Cerulean Pharma Inc. (NASDAQ: CERU) had a solid gain on Friday after Roth Capital initiated coverage with a Buy rating. The issue is that this was given a $9.00 price target, when shares were at $3.53. The gain was about 7% to $3.78 by Friday’s close, but this still implies well over 100% upside. We would also point out that 52-week range of $2.77 to $10.87 and a prior $15 target that had been issued at a competing firm in 2015 makes this crazy upside seem less crazy. Just keep in mind that this clinical stage oncology development outfit’s catalysts might not be coming before the end of 2016.
Onconova Therapeutics Inc. (NASDAQ: ONTX) was maintained as Neutral at Janney Capital Markets. This might sound dismal, but the firm’s fair value estimate was $3.00, versus a prior share price of $1.52. That had shares up more than 5% at $1.60 on Friday’s close. Janney said that Onconova announced the submission of CTAs for IV RIG as a treatment for HR-MDS with regulatory authorities is three EU countries, and this will soon be followed by CTAs in other European countries, as well as in Japan.

Rovi Corp. (NASDAQ: ROVI) may have missed the carnage last week due to a call from JPMorgan, and shares were under $10.00 when the call was made. The firm raised Rovi to Overweight from Neutral, but what stood out was its $23.00 price target. That was versus a $9.67 prior close and was against an end-of-the-week price of $10.98. While the new market cap was $954 million, the reality is that JPMorgan is just not known for calling on stocks to rise more than 100%. Shares may have to pull back $1 or so to qualify as truly being under $10.00 now, but this was a highly unusual call.

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Telenav Inc. (NASDAQ: TNAV) may have been forgotten about by some investors, but the location-based platform services provider was started as Buy and was assigned a price target of $15.00 in a call from the boutique B. Riley. This was against a prior $6.77 close, and was against a $7.05 closing price on Friday. This sounds high as the street-high target against a 52-week range of $5.62 to $9.83, but Telenav has two other analysts covering it to generate a consensus price target of $12.33.

TerraForm Global Inc. (NASDAQ: GLBL) is just now getting analyst coverage, so investors need to understand there is limited operating history here. Citigroup started coverage as Buy with a $15 price target, and JPMorgan started it with an Overweight rating and $17 price target. For whatever it is worth, Goldman Sachs and Bank of America Merrill Lynch started coverage as Neutral. TerraForm was up 5.6% at $9.74 as Friday trading concluded, against a post-IPO range of $7.87 to $14.10.

Tilly’s Inc. (NYSE: TLYS) may have not had a great earnings report, but the teen and young adult apparel and accessories retailer was maintained as Buy at Roth Capital afterward. Investors will want to keep in mind that the formal price target was cut to $12 from $15 in the call, so it was not as if Roth issued a screaming Buy rating here. Still, it leaves more than 50% implied upside against Friday’s closing price of $7.86 after a 3.4% drop. Tilly’s has a 52-week range of $6.65 to $16.99, and its market cap is $220 million.

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