From active traders to passive investors, it seems that everyone is interested in new ideas on how to make a profit. 24/7 Wall St. looks over research calls from all over the planet to find great ideas. Many research-driven ideas for stocks to buy and for stocks to sell come from independent research firms and some come from the large sell-side investment banking firms on Wall St. These are some of this Friday’s top analyst upgrades, downgrades and initiations seen from select Wall St. research calls.
ADTRAN Inc. (NASDAQ: ADTN) raised to Market Perform at Raymond James.
Beam Inc. (NYSE: BEAM) started as Hold at Stifel Nicolaus.
BlackBerry (NASDAQ: BBRY) maintained Underperform as the services outlook remains a concern according to Credit Suisse.
Diageo PLC (NYSE: DEO) started as Buy at Stifel Nicolaus.
DSW Inc. (NYSE: DSW) raised to Outperform with $73 price target at Credit Suisse.
Family Dollar Stores Inc. (NYSE: FDO) is in a tug of war as the dollar store was raised to Buy at Deutsche Bank but was downgraded to Neutral at Citigroup.
Jabil Circuit Inc. (NYSE: JBL) maintained Buy with $28 target at Argus.
Kohl’s Corp. (NYSE: KSS) cut to sell at Deutsche Bank.
LinkedIn Corp. (NYSE: LNKD) started as Sector Perform at RBC Capital Markets.
Lululemon Athletica Inc. (NASDAQ: LULU) maintained Hold but cut estimates at Argus, and lowered price target to $75 from $79 at Credit Suisse.
Micron Technology Inc. (NASDAQ: MU) reiterated Outperform and target price raised all the way up to $14 from $8 at Credit Suisse.
SLM Corp. (NASDAQ: SLM) reiterated Outperform and raised price target to $24 from $22 at Credit Suisse.
Yelp Inc. (NYSE: YELP) started as Sector Perform at RBC Capital Markets.
BofA/Merrill Lynch identified many top leveraged buyout candidates.
Jefferies has made a serious contrarian call by being bullish on select coal players.