Top Analyst Upgrades and Downgrades: AMD, Ally, FedEx, Halliburton, Intel, Tenet, Tyco and More
Stocks were indicated higher on Thursday after a monster snap-back rally on Wednesday. With the Fed indicating a dovish stance in 2015, investors are looking for value and overlooked stocks. 24/7 Wall St. reviews dozens of analyst research reports each morning of the week on the hunt for new investing ideas and new trading ideas for its readers. Some of these analyst research reports cover stocks to buy, and some analyst reports cover sell or stocks to avoid.
These are this Thursday’s top analyst upgrades and downgrades from 24/7 Wall St.
Advanced Micro Devices Inc. (NYSE: AMD) was started as Sell and was given a $2 downside price target (versus $2.55 close) at Citigroup.
Halliburton Co. (NYSE: HAL) was raised to Outperform from Sector Perform at RBC Capital Markets.
Hologic Inc. (NASDAQ: HOLX) was maintained as Buy but was added to the Conviction List at Goldman Sachs, and the price target was raised to $33 from $30 (versus a $26.37 close).
Intel Corp. (NASDAQ: INTC) was started as Neutral with a $35 price target (versus a $36.24 close) at Citigroup.
Williams-Sonoma Inc. (NYSE: WSM) was raised to the Conviction Buy List from Neutral and the price target was raised to $81 from $77 (versus a $72.53 close) at Goldman Sachs.