These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms today.If you are looking to day trade, you might want to check out the following stocks. I usually throw these on my watch list and monitor with resistance & support levels.You can also check previous stocks to buy reports- Right Here.
Disney (DIS), Time Warner (TWX), Costco (COST) , Finisar (FNSR), Renewable Energy (REGI) and Salix (SLXP) were upgraded or downgraded by analysts.
Disney (DIS), Time Warner (TWX), Costco (COST) , Finisar (FNSR), Renewable Energy (REGI) and Salix (SLXP) were upgraded or downgraded by analysts.
Disney (DIS) initiated with an Outperform at Bernstein.Target $50.
Time Warner (TWX) initiated with an Underperform at Bernstein.Target $36.
Costco (COST) initiated with a Perform at Oppenheimer.Target $90.
Finisar (FNSR) downgraded to Hold from Buy at Jefferies.Jefferies downgraded Finisar citing valuation and potential risk from Cisco's recent acquisition of Lightwire. Jefferies said its channel checks indicate Cisco plans to launch proprietary interfaces for high-speed interconnects using Lightwire technology by July 2013, which the firm believes could be very disruptive to Finisar. Jefferies lowered its price target for Finisar shares to $22 from $24.
Renewable Energy (REGI) initiated with a Buy at UBS.Target $20.
Salix (SLXP) upgraded to Buy from Hold at Auriga.Auriga upgraded Salix citing robust Xifaxan growth. Price target is $54.
Time Warner (TWX) initiated with an Underperform at Bernstein.Target $36.
Costco (COST) initiated with a Perform at Oppenheimer.Target $90.
Finisar (FNSR) downgraded to Hold from Buy at Jefferies.Jefferies downgraded Finisar citing valuation and potential risk from Cisco's recent acquisition of Lightwire. Jefferies said its channel checks indicate Cisco plans to launch proprietary interfaces for high-speed interconnects using Lightwire technology by July 2013, which the firm believes could be very disruptive to Finisar. Jefferies lowered its price target for Finisar shares to $22 from $24.
Renewable Energy (REGI) initiated with a Buy at UBS.Target $20.
Salix (SLXP) upgraded to Buy from Hold at Auriga.Auriga upgraded Salix citing robust Xifaxan growth. Price target is $54.
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