Top Analyst Upgrades and Downgrades: Ambarella, Delta, eBay, LinkedIn, Micron, Relypsa and Many More

Investing

Published: March 29, 2016 8:55 am

Last Updated: January 13, 2020 11:26 am

Stocks were indicated lower on Tuesday morning ahead of a Fed Chair Janet Yellen’s expected verbiage on interest rates. Last week broke a five-week period of gains, and now investors are caught wondering if they should be buying the dips or selling into the rallies.

24/7 Wall St. reviews dozens of analyst research reports each morning of the week. The goal is to find new investing and trading ideas for our readers. Some of the daily 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 this Tuesday morning:

Ambarella Inc. (NASDAQ: AMBA) was raised to Overweight from Equal Weight with a $55 price target (versus a $40.71 prior close) at Morgan Stanley. It has a consensus analyst price target of $57.55 and a 52-week trading range of $33.39 to $129.19.

Delta Air Lines Inc. (NYSE: DAL) was started as Overweight at Stephens. Shares closed at $48.20, with a consensus price target of $65.08 and a 52-week range of $34.61 to $52.77. United Continental and American were started as Equal Weight in the call as well.