Top Analyst Upgrades and Downgrades: Altria, BB&T, Capital One, CenterPoint, Occidental Petroleum, Vale, Workday and More

Investing

Published: May 9, 2016 9:05 am

Last Updated: January 13, 2020 9:42 am

Stocks were indicated slightly higher on Monday morning, but the futures were lower toward the opening bell versus the earlier hours and overseas trading. With the Dow still down about 500 points from the April highs, investors are still looking for opportunities ahead. Buying the dips has not died.

24/7 Wall St. reviews dozens of analyst research reports each morning of the week to find new investing and trading ideas. Some of these analyst reports cover stocks to buy, while other reports cover stocks to sell or avoid.

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

Altria Group Inc. (NYSE: MO) was raised to Buy from Hold with a $68 price target (versus a $62.93 prior close) at Argus. It has a consensus analyst price target of $66.25 and a 52-week trading range of $47.31 to $64.16.

BB&T Corp. (NYSE: BBT) was downgraded to Market Perform from Outperform at Raymond James. The stock closed at $34.02, has a consensus price target of $38.44 and has a 52-week range of $29.95 to $41.90.