Top Analyst Upgrades and Downgrades: First Data, GE, Sarepta, Western Digital, Walgreens, Zillow and More

Stocks were indicated to open higher yet again on Tuesday. Despite Federal Reserve Chair Janet Yellen saying rate hikes would come, investors currently believe that the weak payrolls report from last Friday took a June rate hike off of the table — and perhaps for longer. Those same investors have proven over and over that they will buy the stock market on dips and buy after bad news.

24/7 Wall St. reviews dozens of analyst research reports each day of the week. The goal is to find new investing and trading ideas for our readers. Some of these analyst reports cover stocks to buy, and other reports feature stocks to sell or to avoid.

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

First Data Corp. (NYSE: FDC) was started with an Outperform rating and was given a $15 price target (versus a $12.66 prior close) at Keefe Bruyette & Woods. It has a consensus analyst price target of $16.20 and a 52-week trading range of $8.37 to $17.99.

General Electric Co. (NYSE: GE) was started with a Market Perform rating and was given a $29 price target (versus a $30.12 close) at Cowen. The consensus price target is $32.79, and the 52-week range is $19.37 to $32.05.

Sarepta Therapeutics Inc. (NASDAQ: SRPT) was indicated up 30% at $20.95 after a compromise was reached for its Duchenne muscular dystrophy drug, and ratings are all over the place. Sarepta was raised to Outperform from Neutral with a $36 price target (versus a $16.05 close) at Wedbush Securities. Janney maintained a Neutral rating but raised its target to $25 from $18. Jefferies maintained its Underperform rating and $7 target. The consensus price target is $19.23, and the 52-week range is $8.00 to $41.97.

Western Digital Corp. (NASDAQ: WDC) was raised to Buy from Neutral with a $53 price target (versus a $48.02 close) at Mizuho Securities. It has a consensus price target of $58.29 and a 52-week range of $34.99 to $94.86.

Walgreens Boots Alliance Inc. (NASDAQ: WBA) was started with a Buy rating and was given $94 price target (versus a $78.66 close) at Merrill Lynch. The consensus analyst target is $94.29. The 52-week range is $71.50 to $97.30.

Zillow Group Inc. (NASDAQ: ZG) was raised to Equal Weight from Underweight and the price target was raised to $32 from $20 (versus a $30.78 close) at Barclays. Its consensus price target is $29.80, and the 52-week range is $16.45 to $35.47.

You can follow @JonOgg if you wish to get analyst upgrades and downgrades directly on your Twitter feed.

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

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.