Top 10 Analyst Upgrades and Downgrades: Humana, Seagate, Apollo, Macy’s and More

June 27, 2013 by Jon C. Ogg

Investors and traders are usually on the lookout for new research ideas that will generate higher income or more profits. 24/7 Wall St. reviews many analyst research calls from Wall Street and from boutique firms to find great ideas in value stocks, growth stocks and dividend stocks. Some are stocks to buy, while some ideas are even stocks to sell. These are 10 of the top analyst upgrades, downgrades and initiations seen from select Wall Street research calls this Thursday.

Apollo Global Management LLC (NYSE: APO) was upgraded to Buy from Neutral at BofA/Merrill Lynch.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) was reiterated as Buy with an $80 price target at Argus.

GT Advanced Technologies Inc. (NASDAQ: GTAT) was upgraded to Buy with a $5 price target at Canaccord Genuity.

Humana Inc. (NYSE: HUM) was started as Neutral at Lazard Capital.

Informatica (NASDAQ: INFA) was raised Buy from Neutral with a $42 price target at Wedbush.

Macy’s Inc. (NYSE: M) was started as Buy at Stifel Nicolaus.

A boutique firm called Longbow Research raised disk drive makers to Buy from Neutral: Seagate Technology PLC (NASDAQ: STX) with a $54 price target and Western Digital Corp. (NASDAQ: WDC) with an $80 price target.

Two Canadian telecom downgrades were seen over Verizon competitive entry fears at RBC Capital Markets: Rogers Communications Inc. (NYSE: RCI) and TELUS (NYSE: TU) were both downgraded to Market Perform from Outperform.

Read also: Raymond James Analyst Favorites List of Stocks to Buy

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