Investing
Top Analyst Upgrades and Downgrades: Chevron, Netflix, Newmont, Southwest, Stratasys and More
September 9, 2014 8:45 am
Last Updated: September 9, 2014 8:47 am
Stocks were mixed early Tuesday as the equity markets looked for direction. Still stocks are effectively at all-time highs and investors are looking for good value and other opportunities to make money from stocks. 24/7 Wall St. reviews dozens of research reports each morning to find new trading and investing ideas for our readers. Some of these analyst calls cover stocks to buy, while others cover stocks to sell or to avoid.Source: Jon Ogg
Tuesday’s reports were concentrated with airlines, homebuilders and some oil players, but there were other standalone calls as well. These are this Tuesday’s top analyst upgrades and downgrades covered by 24/7 Wall St.
Chevron Corp. (NYSE: CVX) was downgraded to Underperform from Neutral at Bank of America Merrill Lynch.
Netflix Inc. (NASDAQ: NFLX) was reiterated as Outperform and the price target was raised to $600 from $530 at RBC Capital Markets.
Newmont Mining Corp. (NYSE: NEM) was raised to Outperform from Market Perform at Cowen.
Southwest Airlines Co. (NYSE: LUV) was started as Neutral with a $32 price target at Credit Suisse.
Stratasys Ltd. (NASDAQ: SSYS) was reiterated as Buy with a $140 price target at Merrill Lynch.
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