Top Analyst Upgrades and Downgrades: Google, Duke Energy, Mattel, Morgan Stanley, Netflix, Southwestern Energy, Twitter and More

Investing

Published: February 2, 2016 8:55 am

Last Updated: January 13, 2020 1:46 pm

Stocks were indicated lower again on Tuesday, with Dow and S&P futures down nearly 1% after a 4% drop in the price of oil. Investors are getting used to sell-offs in 2016, even into rallies. The trend for more than four years, before January, was that every stock market sell-off was met with investors buying the dips. Maybe nothing can last forever after all.

24/7 Wall St. reviews dozens of analyst reports each morning to find new investing and trading ideas for its readers. Some of these analyst reports are on stocks to buy, while others cover stocks to sell or avoid.

These are this Tuesday’s top analyst calls.

Alphabet Inc. (NASDAQ: GOOGL) has now passed Apple as the world’s largest market cap. We have seen raised targets from the likes of Jefferies, RBC Capital Markets, Piper Jaffray and Credit Suisse. Alphabet closed up 1.2% at $770.77 before earnings, and shares were last seen up 5% at $810.00 afterward.

Duke Energy Corp. (NYSE: DUK) was downgraded to Market Perform from Outperform at Wells Fargo. Duke closed up 2.26% at $77.00 on Monday, above its consensus analyst price target of $73.74 but still well within the 52-week trading range of $65.50 to $87.18.

Mattel Inc. (NASDAQ: MAT) was raised to Buy from Hold at Stifel. Mattel closed down 3% at $26.76 before earnings, and shares were last seen up 6% at $28.40 afterward. Its pre-earnings consensus analyst target was $27.70 and its 52-week range is $19.45 to $30.44.