Top Analyst Upgrades and Downgrades: Applied Materials, Duke Energy, Entergy, Salesforce, SunEdison and More

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Stocks were indicated lower on Friday morning. It seems that the three-day rally that ended on Thursday was met by valuation sellers again. 24/7 Wall St. reviews dozens of analyst reports each day to find new investing and trading ideas for its readers. Some analyst reports cover stocks to buy, while others cover stocks to sell or avoid.

These are the top analyst upgrades, downgrades and initiations seen on Friday, February 19, 2016.

Applied Materials Inc. (NASDAQ: AMAT) was raised to Buy from Hold with a $22 price target (versus a $17.17 prior close) at Needham. Shares were last seen up 9% at $18.80 on Friday after earnings. The consensus analyst target price was $21.60, and the 52-week range is $14.25 to $25.64.

Duke Energy Corp. (NYSE: DUK) was downgraded to Neutral from Overweight at JPMorgan. The stock closed at $76.21, has a consensus analyst target of $76.63 and has a 52-week range of $65.50 to $80.18.

Entergy Corp. (NYSE: ETR) was downgraded to Equal Weight from Overweight with a $76 price target (versus a $73.44 close) at Barclays. The consensus price target is $72.76, and the 52-week range is $61.27 to $81.07.


Salesforce.com Inc. (NYSE: CRM) was reiterated as Buy with an $88 price target (versus a $63.49 close) at Oppenheimer. The firm said that it expects solid earnings but also a negative bias to its margin trends.

SunEdison Inc. (NYSE: SUNE) was downgraded to Neutral from Outperform and the price target was slashed to $3 from $19 (versus a $1.51 close) at Credit Suisse. Talk about an embarrassment. SunEdison has a 52-week range of $1.37 to $33.45.

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Other key analyst upgrades and downgrades were seen in shares of the following: