Stocks have pulled back from all-time highs and energy weakness persists, with oil under $60 per barrel. However, investors continue to demonstrate that they will buy value stocks when they are discounted or overlooked. So 24/7 Wall St. reviews many fresh research calls each and every morning for new investment and trading ideas for its readers. These are Monday’s top analyst upgrades, downgrades and initiations.
ARM Holdings PLC (NASDAQ: ARMH) was reiterated as Buy and the price target was raised to $56 from $54 at Canaccord Genuity.
Cirrus Logic Inc. (NASDAQ: CRUS) was raised to Overweight from Underweight and the price target was raised to $28 from $18 at Barclays.
Delek US Holdings Inc. (NYSE: DK) was downgraded to Underperform from Neutral at Bank of America Merrill Lynch.
Exxon Mobil Corp. (NYSE: XOM) was raised to Market Perform from Underperform and the price target was raised to $95 from $85 at BMO Capital Markets.
Ford Motor Co. (NYSE: F) was downgraded to Hold from Buy at Deutsche Bank.
Habit Restaurants Inc. (NASDAQ: HABT) saw its quiet period come to an end. The burger chain was started as Hold at Stifel, as Overweight by Piper Jaffray and as Neutral at Baird.
NetSuite Inc. (NYSE: N) was started as Neutral at Merrill Lynch.
Oracle Corp. (NYSE: ORCL) was raised to Overweight from Equal Weight at Morgan Stanley.
PG&E Corp. (NYSE: PCG) was raised to Overweight from Neutral at J.P. Morgan.
SandRidge Energy Inc. (NYSE: SD) was downgraded to Neutral from Buy at SunTrust Robinson Humphrey.
Banco Santander (Brasil) S.A. (NYSE: BSBR) was started with a Sell rating at Goldman Sachs.
Sky Solar Holdings Ltd. (NASDAQ: SKYS) was started as Outperform at Northland Securities.
Twitter Inc. (NYSE: TWTR) was started as Outperform at JMP Securities.
United Parcel Service Inc. (NYSE: UPS) was downgraded to Hold from Buy at Deutsche Bank.
WisdomTree Investments Inc. (NASDAQ: WETF) was downgraded to Neutral from Overweight at Piper Jaffray.
Friday’s top analyst upgrades and downgrades included Citrix Systems, GoPro, Hewlett-Packard, Microsoft, Oracle and Teva Pharmaceutical and much more.