Top Wall Street Analyst Upgrades and Positive Views

Jon C. Ogg

Investors and traders are on the lookout for fresh research ideas from Wall St. that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls to find great ideas from value stocks to growth stocks to dividend stocks. We are breaking out the positive analyst calls as far as stocks to buy and positive research calls today.

These are some of this Tuesday’s top analyst upgrades, initiations and positive analyst research calls seen from Wall St. today.

ArcelorMittal (NYSE: MT) was raised to Buy from Neutral at Nomura.

Banco Santander S.A. (NYSE: SAN) was raised to Neutral from Sell at UBS.

Bank of America Corp. (NYSE: BAC) was raised to Overweight from Equal Weight and its target price was raised to $16 from $13 at Morgan Stanley.

Caterpillar Inc. (NYSE: CAT) was raised to Overweight from Neutral and the target price was raised to $100 from $93 at J.P. Morgan.

Conn’s Inc. (NASDAQ: CONN) was named as Bull of the Day at Zacks Investment Research.

General Electric Co. (NYSE: GE) was reiterated as Buy with a $25 price target by Argus, with the explanation that the two-day sell-off is a great buying opportunity.

Read also: Three Analysts Say to Buy Apple Ahead of Earnings

Informatica Corp. (NASDAQ: INFA) was raised to Neutral based on new orders and backlog from Underperform at Credit Suisse.

Kimberly-Clark Corp. (NYSE: KMB) was reiterated Buy but raised price target to $116 from $98 based on 20-times earnings at Argus.

MBIA Inc. (NYSE: MBI) was raised to Hold from Sell by S&P Capital IQ late on Monday.

Morgan Stanley (NYSE: MS) was raised to Buy from Neutral with a $25 price target at SunTrust Robinson Humphreys.

Veeco Instruments Inc. (NASDAQ: VECO) was raised to Outperform from Perform at Oppenheimer and maintained as Buy with $48 price target at Canaccord Genuity.

See also: Top Analyst Downgrades and Negative Views