24/7 Wall St.

Stocks were indicated lower on Thursday, making St. Patrick’s Day perhaps the only green market. The markets are almost flat again for 2016, so investors are now confused over whether they should be selling the rallies or buying the dips after the wild start of this year.

24/7 Wall St. reviews dozens of analyst reports each morning to find new investing and trading ideas for its readers. Some analyst reports cover stocks to buy, and others cover stocks to sell or avoid.

These are the top analyst upgrades, downgrades and initiations seen on Thursday, March 17, 2016.

CenturyLink Inc. (NYSE: CTL) was downgraded to Underperform from Hold at Jefferies, which cut the price target to $24 from $25 (versus a $32.17 prior close). The firm thinks that secular challenges hurting CenturyLink are unlikely to abate and that the 28% gain in 2016 has been unwarranted. The consensus analyst price target is $29.71, and the 52-week trading range is $21.94 to $37.00.

Chipotle Mexican Grill (NYSE: CMG) was downgraded to Underperform from Hold at Jefferies, and the price target was lowered to $350 from $390. Merrill Lynch maintained its Neutral rating and $570 price objective. Chipotle was downgraded to Sell from Hold with a $350 price target at Maxim Group just a day earlier.

24/7 Wall St.
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