Top Analyst Upgrades and Downgrades: Arcelor Mittal, Chesapeake Energy, Domino's, Juniper Networks, 3M, QEP Resources, Starbucks, YuMe and More

Investing

Published: April 12, 2016 9:05 am

Last Updated: January 13, 2020 10:53 am

Stocks were indicated higher on Tuesday, but that is after Monday’s sharp gains turned into a small loss. The market is still barely hanging positive so far for the year, and investors have to decide whether they should be selling rallies or buying pullbacks.

24/7 Wall St. reviews dozens of analyst research reports each morning of the week. Our aim is to find new investing and trading ideas for our readers. Some of these daily analyst reports cover stocks to buy, and others cover stocks to sell or avoid.

These are top analyst upgrades, downgrades and initiations seen on Tuesday morning:

Arcelor Mittal S.A. (NYSE: MT) was raised to Buy from Neutral at Goldman Sachs, and it was also added to the prized Conviction Buy List. The stock closed at $5.03, has a consensus analyst target of $4.06 and has a 52-week trading range of $2.93 to $11.95. This move is after a rights offering raised cash to tender debt.

Chesapeake Energy Corp. (NYSE: CHK) was raised to Hold from Sell at Tudor Pickering. Shares rose 19.7% to close at $4.50 on Monday, and the 52-week trading range is $1.50 to $16.98. The consensus analyst target price is $3.86.