Investing

Top Analyst Upgrades and Downgrades: Enbridge, NOV, Freescale, Twitter, Verizon, Windstream and More

Stocks surged higher on Wednesday morning despite new sanctions in Russia. A strong ADP payrolls report was tempered by the notion that it won’t make the FOMC more aggressive on ending stimulus. Investors are now looking for upside from individual companies or sectors rather than from the broad market. After all, the bull market is now nearing five and a half years old. 24/7 Wall St. reviews dozens of analyst research reports each morning of the week to find new investment and trading ideas for our readers. Some analyst reports cover stocks to buy, while some of them feature stocks to sell or to avoid.

These are this Wednesday’s top analyst upgrades, downgrades and initiations from Wall Street firms.

Aerohive Networks Inc. (NYSE: HIVE) was started as Outperform with a $12 price target (versus a $8.01 close) at Pacific Crest.

American Capital Agency Corp. (NASDAQ: AGNC) was downgraded to Neutral from Buy at UBS.

Applied Micro Circuits Corp. (NASDAQ: AMCC) was maintained as Buy at Canaccord Genuity, but the price target was cut to $12 from $16. The firm said that its first server sales were ahead of expectations, but it expects a more gradual X-Gene ramp-up and softer legacy sales.

Cablevision Systems Corp. (NYSE: CVC) was downgraded to Sell from Neutral at Citigroup.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.