Top Analyst Upgrades and Stocks to Buy: Home Depot, Lululemon, Myriad Genetics and More
Investors and traders are always on the lookout for fresh Wall Street research ideas of stocks to buy, value stocks and dividend stocks. 24/7 Wall St. reviews many fresh research calls to find great ideas from value stocks to growth stocks to dividend stocks. We have broken out the positive analyst calls as far as stocks to buy and positive research calls and these are some of this Wednesday’s top analyst upgrades, initiations and positive analyst research calls.
Consolidated Edison Inc. (NYSE: ED) was reiterated Buy and the price target was raised by $7 to $68 at Argus.
Eaton Corp. (NYSE: ETN) was initiated as Outperform at Bernstein.
Home Depot Inc. (NYSE: HD) was reiterated Buy and its price target was raised $10 to $85 at Argus.
IAMGOLD Corp. (NYSE: IAG) was raised to Buy from Hold but the price target was lowered to $7.45 from $8.25 at Canaccord Genuity.
Lowe’s Companies Inc. (NYSE: LOW) was raised to Buy from Neutral at ISI Group.
Lululemon Athletica Inc. (NASDAQ: LULU) was raised to Buy from Neutral with $90 price target at Stern Agee.
Marathon Oil Corp. (NYSE: MRO) was raised to Outperform from Neutral at Macquarie.
Myriad Genetics Inc. (NASDAQ: MYGN) was raised to Buy from Neutral at Mizuho.
Oracle Corp. (NASDAQ: ORCL) was reiterated Buy on the Focus List at Credit Suisse, but the firm raised its earnings estimates.
Travelers Companies Inc. (NYSE: TRV) was started as Outperform at Raymond James.
U.S. Auto Parts Inc. (NASDAQ: PRTS) was raised to Buy from Neutral at Roth Capital.
We have two great large research summaries this Wednesday. UBS issued a dividend investor alert calling it time to buy these multifamily REIT stocks. We also have the best stocks to buy from Raymond James in their value and dividend strategies.
Read also: Top Analyst Downgrades and Cautious Calls