Top 10 Analyst Upgrades and Stocks to Buy: EA, Groupon, LinkedIn and More
We may have another monthly unemployment report out today, but investors and traders are still on the hunt for new research ideas in a strong bull market. The S&P 500 has hit a new high above 1,700 this week. 24/7 Wall St. reviews many analyst research calls from Wall Street and from boutique firms to find great ideas in value stocks, growth stocks and dividend stocks. Some research notes are stocks to buy, while some ideas are even stocks to sell. These are 10 of the top analyst upgrades and positive research calls seen from select Wall Street research calls this Friday.
Boulder Brands Inc. (NASDAQ: BDBD) was reiterated Buy, but the price target was raised to $17.50 from $15, at Canaccord Genuity.
Cigna Corp. (NYSE: CI) was reiterated as Outperform, but its price target was raised to $90 from $79, at Credit Suisse.
Electronic Arts Inc. (NASDAQ: EA) was started as Buy at Benchmark.
Enterprise Products Partners L.P. (NYSE: EPD) was maintained Buy and maintained on the Focus List, but the price target was raised to $70 from $68, at Argus.
General Dynamics Corp. (NYSE: GD) was reiterated as Buy, but the price target was raised to $98 from $82, at Argus.
Groupon Inc. (NASDAQ: GRPN) was raised to Equal Weight from Underweight and the price target was raised to $8 from $6 at Evercore.
ITT Corp. (NYSE: ITT) was upgraded to Market Perform from Underperform and the target price was raised to $32 from $18.50 by FBR Capital Markets.
LinkedIn Corp. (NYSE: LNKD) was raised to Buy from Hold with a $250 price target at Cantor Fitzgerald.
Mylan Inc. (NASDAQ: MYL) was raised to Overweight from Equal Weight at Morgan Stanley.
Twenty-First Century Fox Inc. (NASDAQ: FOXA) was added to the U.S. Focus List at Credit Suisse.
Forget the S&P 500 Index hitting 1,700 because a technician is calling for a rise to more than 2,500 as a return to a secular bull market.
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