Top Analyst Upgrades and Downgrades: Apache, Netflix, RF Micro, Starbucks, Southwest, Disney and More
Stocks were indicated lower on Monday after weak overseas economic readings and after U.S. stocks hit all-time highs again last week. Investors keep proving over and over that they will buy value stocks or stocks that have been hit hard. 24/7 Wall St. reviews dozens of analyst research reports each morning to find new trading and investing ideas for its readers. Some of these reports cover stocks to buy, and others cover stocks to sell or avoid. These are this Monday’s top analyst upgrades and downgrades from 24/7 Wall St.
Apache Corp. (NYSE: APA) was raised to Buy from Neutral at Citigroup.
eBay Inc. (NASDAQ: EBAY) was raised to Buy from Hold at Stifel.
Netflix Inc. (NASDAQ: NFLX) was started as Neutral at UBS.
RF Micro Devices Inc. (NASDAQ: RFMD) will start trading as QRVO after the Triquint merger. Sterne Agee has reissued a Buy rating and $17 target on the combined company.
Starbucks Corp. (NASDAQ: SBUX) was started on the Conviction Buy List with a $95 price target at Goldman Sachs.
Southwest Airlines Co. (NYSE: LUV) was raised to Buy from Neutral with a $55 price target at Goldman Sachs.
Walt Disney Co. (NYSE: DIS) was started as Buy at UBS.
The following were also among the top analyst upgrades, downgrades and initiations seen on Monday: