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Wednesday, March 21, 2012

Top Analyst Upgrades & Downgrades MU. ACN, LNKD, MDRX, RAX, AURN- 3/21/12

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. 

Micron (MU), Accenture (ACN), LinkedIn (LNKD), Allscripts (MDRX), Rackspace (RAX) and Aruba Networks (AURN) were upgraded or downgraded by analysts.

Micron (MU) initiated with an Outperform at RBC Capital Target $11.

Accenture (ACN) upgraded to Hold from Sell at Societe Generale.

LinkedIn (LNKD) upgraded to Buy from Neutral at Goldman.Goldman upgraded LinkedIn citing checks that indicate strong enterprise adoption for its hiring solutions, improved engagement, and growth in mobile usage. Price target raised to $135 from $80.

Allscripts (MDRX) downgraded to Neutral from Overweight at JPMorgan.JP Morgan downgraded Allscripts citing lack of catalysts to drive revenue growth. Price target lowered to $22 from $25.

Rackspace (RAX) initiated with a Buy at Jefferies Target $64.

Aruba Networks (AURN) initiated with a Buy at Auriga Target $28.


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