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Thursday, March 8, 2012

Top Analyst Upgrades & Downgrades : STM, ZNGA, AWAY, AXS, CTAS, WPX- 3/8/12

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. 

STMicroelectronics (STM), Zynga (ZNGA), HomeAway (AWAY), AXIS Capital (AXS), JCintas (CTAS) and WPX Energy (WPX) were upgraded or downgraded by analysts.

STMicroelectronics (STM) upgraded to Neutral from Underperform at Exane BNP Paribas.

Zynga (ZNGA) initiated with a Hold at CanaccordTarget $15.

HomeAway (AWAY) initiated with a Hold at Canaccord.Target $30.

AXIS Capital (AXS) upgraded to Buy from Hold at Deutsche Bank.Deutsche Bank upgraded AXIS Capital citing valuation and raised its price target for shares to $38 from $33.

Cintas (CTAS) upgraded to Overweight from Neutral at JPMorgan.JP Morgan upgraded Cintas citing benefits from its efficiency initiatives and investments. Price target raised to $45 from $34.

WPX Energy (WPX) initiated with a Neutral at JPMorgan.Target $19.50.


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