Top Analyst Upgrades and Downgrades: Ambarella, BBVA, GoPro, Intel, Micron, Schlumberger and More
October 15, 2014 by Jon C. Ogg
These are this Wednesday’s top analyst upgrades and downgrades featured by 24/7 Wall St.
Ambarella Inc. (NASDAQ: AMBA) was started as Outperform with a $47 price target (versus a $35.66 close) at Pacific Crest.
Applied Materials Inc. (NASDAQ: AMAT) was raised to Buy from Neutral at Bank of America Merrill Lynch.
Baker Hughes Inc. (NYSE: BHI) was raised to Buy from Neutral at Sterne Agee and started as Buy at Citigroup.
Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) was raised to Buy from Hold at Deutsche Bank.
BorgWarner Inc. (NYSE: BWA) was raised to Buy from Neutral at Sterne Agee.
GoPro Inc. (NASDAQ: GPRO) was started as Sector Perform at Pacific Crest.
Halliburton Co. (NYSE: HAL) was started as Neutral at Citigroup.
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Intel Corp. (NASDAQ: INTC) was downgraded to Underweight from Equal Weight at Morgan Stanley. Sterne Agee maintained a Neutral rating but raised its target to $31 from $30.
Micron Technology Inc. (NASDAQ: MU) was raised to Overweight from Neutral at J.P. Morgan.
Occidental Petroleum Corp. (NYSE: OXY) was downgraded to Neutral from Outperform at Credit Suisse.
Receptos Inc. (NASDAQ: RCPT) was started as Buy with an $88 price target (versus a $63.68 close) at Goldman Sachs.
Schlumberger Ltd. (NYSE: SLB) was started as Neutral at Citigroup.
United Natural Foods Inc. (NASDAQ: UNFI) was raised to Overweight from Neutral at Piper Jaffray.
Weatherford International PLC (NYSE: WFT) was started as Neutral at Citigroup.
In case you missed Tuesday’s analyst upgrades and downgrades, they included Cigna, Corning, CSX, Ford, GM, Las Vegas Sands, Netflix, Orbitz, Vodafone and more.
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