Investing
Top Analyst Upgrades and Downgrades: BofA, Google, Intel, Fairchild, Mobileye, NOV and More
July 17, 2015 8:40 am
Last Updated: July 17, 2015 8:40 am
ARM Holdings PLC (NASDAQ: ARMH) was raised to Buy from Hold at Investec.
Best Buy Co. Inc. (NYSE: BBY) was downgraded to Underperform and the price objective was slashed to $32 from $45 (versus a $34.90 close) based on a mixed product cycle and limited catalysts for multiple expansion. It faces resistance at $39 to $41 and support at $32 to $33.
Credit Suisse Group A.G. (NYSE: CS) was downgraded to Hold from Buy at Deutsche Bank.
eBay Inc. (NASDAQ: EBAY) was reiterated as Neutral but the price target was raised to $70 from $65 at Mizuho.
Enphase Energy Inc. (NASDAQ: ENPH) was maintained as Outperform but the price target was slashed to $13 from $24 at Northland Securities.
Illumina Inc. (NASDAQ: ILMN) was started as Buy at Canaccord Genuity.
ALSO READ: Hertz Finally Back on Track
Karyopharm Therapeutics Inc. (NASDAQ: KPTI) was started as Neutral at Merrill Lynch.
LATAM Airlines Group S.A. (NASDAQ: LFL) was raised to Neutral from Sell at Goldman Sachs.
Rovi Corp. (NASDAQ: ROVI) was downgraded to Sector Weight from Overweight at Pacific Crest.
Ruckus Wireless Inc. (NYSE: RKUS) was raised to Buy from Neutral at SunTrust Robinson Humphrey.
Solarwinds Inc. (NYSE: SWI) was downgraded to Hold from Buy at Deutsche Bank, and the price target was cut to $45 from $60.
StoneMor Partners L.P. (NYSE: STON) was reiterated as Buy with a $33 fair value estimate (versus a $30.67 close) at Janney Capital Markets.
Syntel Inc. (NASDAQ: SYNT) was downgraded to Market Perform from Outperform at William Blair.
Travelers Companies Inc. (NYSE: TRV) was started as Neutral at Piper Jaffray.
ALSO READ: Kinder Morgan Raising Dividend on Lower Earnings
Waste Connections Inc. (NYSE: WCN) was raised to Overweight from Sector Weight at KeyBanc Capital Markets.
In case you missed out on Friday’s top analyst upgrades and downgrades, they were in shares of Altria, General Motors, Intel, Netflix, Paychex, Walgreens Boots Alliance and over a dozen other companies.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Editors' Picks
