Top Analyst Upgrades and Stocks to Buy: Brocade, Garmin, Myriad, Yum! Brands, More
Investors and traders are always searching for fresh research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls each morning 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 Friday’s top analyst upgrades, initiations and positive analyst research calls seen from Wall Street today.
Abercrombie & Fitch Co. (NYSE: ANF) was upgraded to Buy from Neutral with $50 price target by BofA/Merrill Lynch.
Broadcom Corp. (NASDAQ: BRCD) was upgraded to Outperform from Neutral at Macquarie.
Brocade Communications Systems Inc. (NASDAQ: BRCD) was upgraded to Buy from Neutral with a $7.50 price target at ISI Group (Thursday night call).
Citigroup Inc. (NYSE: C) was started as Outperform at Macquarie.
Coca-Cola Femsa SAB de C.V. (NYSE: KOF) was upgraded to Neutral from Sell by Citigroup.
Garmin Ltd. (NASDAQ: GRMN) was started as Outperform at Raymond James.
Morgan Stanley (NYSE: MS) was started as Outperform at Macquarie.
Myriad Genetics Inc. (NASDAQ: MYGN) was upgraded to Buy with $40 price target at Cantor Fitzgerald.
United Continental Holdings Inc. (NYSE: UAL) was upgraded to Neutral from Sell by Goldman Sachs.
Yum! Brands Inc. (NYSE: YUM) was upgraded to Buy from Neutral at UBS.
Lululemon Athletica Inc. (NASDAQ: LULU) may hardly seem like an upgrade, but its rating was lifted to Underperform from Sell at CLSA.
Jefferies has its key list of oil and gas services stocks to buy now that the United States is producing more oil than it imports.
Read also: Top Analyst Downgrades and Cautious Calls