The futures were again trading higher Monday morning. Despite concerns over the recently imposed tariffs around the world, investors and Wall Street have their attention focused on second-quarter earnings results, which will begin this week. The trend of buying the dips has not worked as well as it has in prior years, and many investors have been considering how they want their investments positioned for the longer term.
24/7 Wall St. reviews dozens of analyst research reports each day of the week to find new investing and trading ideas for our readers. Some of the top analyst reports cover stocks to buy. Other analyst calls cover stocks to sell or to avoid.
Additional color and commentary have been added on some of these daily analyst calls. The consensus analyst price target data are from the Thomson Reuters sell-side research service.
These were the top analyst upgrades, downgrades and other research calls from Monday, July 9, 2018.
BJ’s Wholesale Club Holdings Inc. (NYSE: BJ) had a recent successful IPO, and the stock was started with a Buy rating and a $28 price target at Loop Capital. Since the deal priced, the shares have traded between $20.56 and $25.76. The stock closed trading last Friday at $23.65.
Baidu Inc. (NASDAQ: BIDU) was raised to Outperform from Neutral at Credit Suisse, which has a $307 price target. That compares with a Wall Street consensus price target of $301.93. The stock ended the day Friday at $251.77 a share.
Capital One Financial Corp. (NYSE: COF) was raised to Buy from Perform at Oppenheimer. The 52-week trading range for the bank is $76.98 to $106.50. The consensus price target is set at $113.14, and the stock closed trading on Friday a $92.90.
Cision Ltd. (NASDAQ: CISN) was started with an Outperform rating at RBC, which as a $20 price target for the stock. The consensus target is $18.40, and the shares closed Friday at $15.39 but were trading higher in Monday’s premarket.
Delphi Technologies PLC (NYSE: DLPH) was raised to Overweight from Equal Weight at Morgan Stanley. The 52-week trading range for the stock is a breathtaking $38.00 to $104.09, and the consensus price target is set at $60.15. The stock closed Friday at $42.97.
Dunkin’ Brands Group Inc. (NASDAQ: DNKN) was raised to Neutral from Sell at Longbow. The 52-week trading range is $50.89 to $70.55. The consensus price target is set at $64.63, and the stock closed Friday at $70.17.
FireEye Inc. (NASDAQ: FEYE) was raised to Overweight from Neutral at Piper Jaffray. The 52-week trading range for shares of the security software company is $13.40 to $19.36. The consensus price target is set at $19.26, and the shares ended trading on Friday at $15.98.
Hershey Co. (NYSE: HSY) was downgraded to Equal Weight from Overweight at Consumer Edge Research. The 52-week trading range for the stock is $69.10 to $115.82, and the consensus price target is posted at $95. The shares closed Friday at $95.55.
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