Top Analyst Upgrades and Downgrades: Apple, Schwab, Google, Nasdaq, TripAdvisor, Wells Fargo and More

Stocks were staging a recovery on Monday. Last week showed that all-time highs can come and go. Still, investors are still looking for selective upside in stocks. What is different in the bull market this summer is that investors are looking at individual stock picks, for a stock picker’s market rather than just a raging bull market. 24/7 Wall St. reviews dozens of analyst research reports each morning to find 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 Monday’s top analyst upgrades, downgrades and initiations from Wall Street firms. As a reminder, this week marks the official start of a crucial earnings season.

AllianceBernstein Holding L.P. (NYSE: AB) was raised to Outperform from Market Perform at Keefe Bruyette Woods.

Apple Inc. (NASDAQ: AAPL) was raised to Overweight from Equal Weight and the price target was raised all the way up to $110 from $95 (versus a $95.22 close) at Barclays. Morgan Stanley maintained its Overweight rating and raised the price target to $110 from $99.

Brinker International Inc. (NYSE: EAT) was raised to Overweight from Neutral with a $54 price target at J.P. Morgan.

Charles Schwab Corp. (NYSE: SCHW) was started with a Buy rating and given a $35 price target (versus a $27.10 close) at Jefferies.

Colfax Corp. (NYSE: CFX) was raised to Buy with price target of $84 (versus a $71.58 close) at Argus.