Top Analyst Upgrades and Stocks to Buy: Facebook, Solar and More

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Investors and traders are on the hunt for new research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh analyst calls each morning 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 Thursday’s top analyst upgrades, initiations and positive analyst research calls seen from Wall Street today.

Canadian Pacific Railway Ltd. (NYSE: CP) was raised to Hold from Sell at Canaccord Genuity.

Cintas Corp. (NASDAQ: CTAS) was started as Buy at Jefferies.

Diamond Offshore Drilling Inc. (NYSE: DO) was raised to Overweight from Neutral at J.P. Morgan.

Facebook Inc. (NASDAQ: FB) was raised to Outperform from Market Perform at BMO and it was also raised to Buy from Hold at Jefferies.

First Solar Inc. (NASDAQ: FSLR) was raised to Buy from Neutral with a $64 price target at Goldman Sachs.

Fusion-io Inc. (NYSE: FIO) was raised to Outperform from Neutral at Credit Suisse.

Lockheed Martin Corp. (NYSE: LMT) was added to the Conviction Buy List and raised from Neutral with a new $127 price target at Goldman Sachs.

MEMC Electronic Materials Inc. (NYSE: WFR) was maintained Buy but added to the Conviction Buy List at Goldman Sachs.

Republic Services Inc. (NYSE: RSG) was raised to Outperform at Wedbush.

Statoil ASA (NYSE: STO) was raised to Neutral from Underperform at Credit Suisse.

SunPower Corp. (NASDAQ: SPWR) was raised to Neutral from Sell at Goldman Sachs.

Deutsche Bank has a new call advising clients to buy the airline stocks.

See also: Top Analyst Downgrades and Stocks to Sell