Top Analyst Upgrades and Downgrades: Eli Lilly, Hertz, LinkedIn, NetApp, SINA, Vodafone, Wells Fargo and More

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Stocks were indicated marginally higher on Wednesday ahead of another vote in Greece. The trend that is now almost four years old is that investors just keep buying every dip in the stock market. 24/7 Wall St. reviews dozens of analyst reports each day of the week to find new trading and investing ideas for its readers. Some analyst calls cover stocks to buy, and some cover stocks to sell or avoid.

These are this Wednesday’s top analyst upgrades, downgrades and initiations.

Eli Lilly & Co. (NYSE: LLY) was downgraded to Equal Weight from Overweight, but the price target was raised to $93 from $85 (versus an $88.76 close) at Morgan Stanley. Eli Lilly has a consensus price target of $86.00, lower than the current price, and a 52-week trading range of $60.14 to $90.18.

Hertz Global Holdings Inc. (NYSE: HTZ) was raised to Buy from Hold at Deutsche Bank, and the price target was raised to $24 from $22 (versus a $17.09 close). Hertz has a consensus price target of $24.67 and a 52-week range of $16.65 to $31.61.

LinkedIn Corp. (NYSE: LNKD) was raised to Overweight from Equal Weight and the price target was raised to $250 from $225 (versus a $213.88 close) at Barclays. LinkedIn has a consensus price target of $253.78 and a 52-week range of $156.30 to $276.18.

NetApp Inc. (NASDAQ: NTAP) was raised to Sector Weight from Underperform at Pacific Crest. NetApp has a consensus price target of $34.14 and a 52-week range of $30.26 to $43.75.

SINA Corp. (NASDAQ: SINA) was downgraded to Hold from Buy, but the price target raised to $50 from $47 (versus a $45.08 close) at Deutsche Bank. SINA has a consensus price target of $54.02 and a 52-week range of $31.92 to $61.25.

Vodafone Group PLC (NASDAQ: VOD) was downgraded to Neutral from Buy with a $39 price target (versus a $36.99 close) at Goldman Sachs. Vodafone has a consensus price target of $38.89 and a 52-week range of $28.63 to $39.46.

Wells Fargo & Co. (NYSE: WFC) was reiterated as Buy and the price target was raised to $63 from $60 (versus a $57.25 close) at Argus. Wells Fargo has a consensus price target of $59.08 and a 52-week range of $46.44 to $58.26.

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Other key analyst upgrades and downgrades this Wednesday were seen as follows: