Stocks were up marginally in the early futures trading Tuesday. Despite the swings, investors have for four years now bought value and bought the dips. 24/7 Wall St. reviews dozens of analyst research reports each morning to find new trading and investing ideas for its readers. Some analyst calls cover stocks to buy, while others cover stocks to sell or avoid.
These are this Tuesday’s top analyst upgrades, downgrades and initiations.
Fitbit Inc. (NYSE: FIT) was started as Overweight at Pacific Crest, and the firm’s $47.00 price target is against a $32.40 prior close. Fitbit has a consensus price target of $54.42 and a 52-week trading range of $29.50 to $51.90.
Kimberly-Clark Corp. (NYSE: KMB) was raised to Buy from Hold at Deutsche Bank. The $118.00 price target compares to a $103.78 close. Kimberly-Clark remains in the 10 stocks to own for the next decade. It also has a consensus price target of $117.00 and a 52-week range of $99.60 to $119.01.
NiSource Inc. (NYSE: NI) was raised to Hold from Sell at Argus. NiSource closed at $16.74. It has a consensus analyst target price of $18.79 and a 52-week range of $14.77 to $19.32. NiSource also has a 3.7% yield.
Raptor Pharmaceuticals Corp. (NASDAQ: RPTP) shares fell 37.5% to $7.72 after disappointing drug study news on Monday. Citigroup has downgraded the stock to Neutral from Buy. Raptor has a 52-week range of $6.82 to $16.28, and that 52-week low was from Monday.
Yelp Inc. (NYSE: YELP) was started as Market Perform at William Blair. While the firm is not big on price targets in general, this is just one more “cautious to fair value” call. Yelp closed at $24.47, and it has a consensus price target of $33.41 and a 52-week range of $20.50 to $77.47.
Other key analyst upgrades, downgrades and initiations seen Tuesday were in the following: