Stocks tanked on Thursday, with the Dow falling more than 300 points, and stocks were again in the red ahead of the unemployment report on Friday. Investors will still be looking for upside from stocks, but likely it will be on a very selective basis rather than from a bull market blanket view. 24/7 Wall St. reviews dozens of analyst research reports each and every morning to find new investment and trading ideas. Some of the analyst reports cover stocks to buy. Others are about stocks to sell or stocks to avoid.
These are this Friday’s top analyst upgrades, downgrades and initiations from Wall Street analysts.
Bed Bath & Beyond Inc. (NASDAQ: BBBY) was downgraded to Perform from Outperform with a $69 price target at Oppenheimer.
Boyd Gaming Corp. (NYSE: BYD) downgraded to Neutral from Outperform at Credit Suisse, and the price target was slashed to $10 from $16.
Control4 Corp. (NASDAQ: CTRL) was down after earnings. Canaccord Genuity maintained a Buy rating, but based on a reset of expectations it lowered the price target to $18 from $25.
Expedia Inc. (NASDAQ: EXPE) was raised to Outperform at Raymond James with a $100 price target. Oppenheimer raised its target to $92 from $90.
Generac Holdings Inc. (NYSE: GNRC) was downgraded to Hold from Buy at Canaccord Genuity.
Hyatt Hotels Corp. (NYSE: H) was downgraded to Underperform from Neutral with a $55 price target (versus $58.83 close) at Credit Suisse.
Marathon Petroleum Corp. (NYSE: MPC) was raised to Outperform from Neutral with a $110 price target at Credit Suisse.