Top Analyst Upgrades and Downgrades: Intuitive Surgical, Restaurant Brands, Scorpio Tankers, Teva, Under Armour, Zillow and Many More
American Axle & Manufacturing Holdings Inc. (NYSE: AXL) was downgraded to Neutral from Buy at Citigroup.
Depomed Inc. (NASDAQ: DEPO) was downgraded to Neutral from Buy and the price target was cut to $17 from $24 (versus a $17.00 close) at Mizuho.
Interpublic Group Companies Inc. (NYSE: IPG) was reiterated as Buy and the price target was raised to $28 from $26 at Argus in a post-earnings call.
Johnson Controls International PLC (NYSE: JCI) was downgraded to Hold from Buy at Argus.
Lennar Corp. (NYSE: LEN) was started with a Neutral rating and assigned a $52 price target (versus a $46.70 close) at Citigroup.
Newell Brands Inc. (NYSE: NWL) was reiterated as Buy with a $61 price target (versus a $47.06 close) at Jefferies. The firm believes that the risk from U.S. mall-based sales exposure is overblown and the firm maintained it as a Top Pick stock.
Park Hotels & Resorts Inc. (NYSE: PK) was started as Buy and assigned a $32 price target (versus a $27.66 close) at Instinet.
Praxair Inc. (NYSE: PX) was started with a Sell rating at Evercore ISI.
PulteGroup Inc. (NYSE: PHM) was raised to Outperform from Market Perform with a $26 price target (versus a $21.52 close) at FBR Capital.
RPM International Inc. (NYSE: RPM) was started with a Buy rating and assigned a $59 price target (versus a $52.52 close) at Evercore ISI.
TerraForm Power Inc. (NASDAQ: TERP) was raised to Neutral from Sell at UBS.
Here are 11 evergreen and crucial issues for value investors to consider.
Monday’s top analyst calls included AK Steel, J.C. Penney, Hasbro, Petrobras, Travelers, Agilent Technologies, Regeneron and over a dozen more.