Stocks were lower again on Tuesday ahead of the unofficial launch of earnings season and after the DJIA 17,000 milestone was hit for the first time ever last week. Now many investors are trying to decide if this is becoming a stock picker’s market or yet another leg up in a bull market that is now over five years old. 24/7 Wall St. reviews dozens of analyst research reports each morning of the week for new ideas for our readers. Some of the analyst research reports cover stocks to buy, and some of them cover stocks to sell or to avoid.
These are this Tuesday’s top analyst upgrades, downgrades and initiations from Wall Street firms.
Abengoa Yield PLC (NASDAQ: ABY) was started as Buy at Bank of America Merrill Lynch, started as Outperform with a $44 price target at RBC, started as Buy with a $49 price target at Canaccord Genuity and started with a Buy rating at Citigroup.
Apartment Investment and Management Co. (NYSE: AIV) was raised to Buy from Neutral at UBS.
Computer Sciences Corp. (NYSE: CSC) was started as Underweight at Morgan Stanley.
The Fresh Market Inc. (NASDAQ: TFM) was downgraded to Sell from an already cautious Neutral rating at Goldman Sachs.
Groupon Inc. (NASDAQ: GRPN) was raised to Buy from Neutral with a $9.50 price target (versus a $6.45 close) at B. Riley.
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