Top Analyst Upgrades and Downgrades: Anadarko, BroadSoft, Schwab, KBR, Target, Valero and More

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By Jon C. Ogg Published

investor research

With earnings season about 80% complete, investors are looking for the stocks that will make gains and hopefully avoid losses. The markets are close enough to their highs that most investors are also trying to avoid catching the top. 24/7 Wall St. reviews dozens of analyst research reports each morning, on the hunt for new ideas for our readers. Some of these analyst reports cover stocks to buy, and some cover stocks to sell or to avoid. These are this Tuesday’s top analyst upgrades, downgrades and initiations.

Anadarko Petroleum Corp. (NYSE: APC) was raised to Buy from Neutral at Citigroup.

BroadSoft Inc. (NASDAQ: BSFT) was raised to Outperform from Market Perform at Cowen and raised to Outperform from Market Perform at Raymond James.

CareFusion Corp. (NYSE: CFN) was raised to Neutral from Sell at Goldman Sachs.

ALSO READ: Eight Analyst Stocks to Buy Under $10 For Big Upside

Charles Schwab Corp. (NYSE: SCHW) was raised to Outperform from Neutral by Credit Suisse.

KBR Inc. (NYSE: KBR) was downgraded to Neutral from Buy at UBS.

Lannett Co. (NYSE: LCI) was started as Buy with a $55 target price at Canaccord Genuity.

Prologis Inc. (NYSE: PLD) was started with an Outperform rating by Oppenheimer.

Also Read: After Earnings: Qualcomm vs. Intel vs. AMD for Best Pick

Seattle Genetics Inc. (NASDAQ: SGEN) was raised to Neutral from Underperform at Bank of America Merrill Lynch.

Swift Energy Co. (NYSE: SFY) was downgraded to Underperform from Neutral at Credit Suisse.

Target Corp. (NYSE: TGT) was downgraded to Neutral from Buy at MKM Partners.

Valero Energy Corp. (NYSE: VLO) was raised to Outperform from Perform at Oppenheimer.

Also Read: Is Twitter Safe to Buy After the Lock-Up Expiration?

Zoe’s Kitchen Inc. (NYSE: ZOES) saw its quiet period end. Jefferies started it with a Hold rating, William Blair gave it an Outperform rating, Piper Jaffray assigned an Overweight rating and Stifel started it with a Buy rating.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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