Top Analyst Upgrades and Downgrades: Cisco, Dish, First Data, Level 3, Regions, SolarCity, Tesla, Twitter, Visa and More

Investing

Published: February 11, 2016 8:55 am

Last Updated: January 13, 2020 1:19 pm

Stocks had tried to find some footing this week, but now the pressure from European banks was too much and stocks were getting pounded. Fed Chair Janet Yellen was not even able to tame markets with her mostly dovish testimony. For now, rallies have continued to be just another chance to sell, the opposite of the prior four years when buying all the dips worked.

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

These are the top analyst upgrades, downgrades and initiations seen from Thursday, February 11, 2016.

Cisco Systems Inc. (NASDAQ: CSCO) hit a 52-week low on Wednesday ahead of earnings, but the stock was indicated up 6% at $23.89 (was up as much as 10%) after earnings. Cisco was raised to Buy from Hold at Jefferies and the target was raised to $27.50 from $26.00. Oppenheimer reiterated its Outperform rating and $30 price target.

Dish Network Corp. (NASDAQ: DISH) was maintained as Buy but the price target was cut to $80 from $100 (versus a $39.71 prior close) at Jefferies. The firm notes that Dish’s asset valuation is overlooked and is presenting one of the best investing opportunities in its coverage.