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.
Wendy's (WEN), QEP Resources (QEP), Spreadtrum (SPRD) , SandRidge Energy (SD), Atwood Oceanics (ATW) and CME Group (CME) were upgraded or downgraded by analysts.
Wendy's (WEN), QEP Resources (QEP), Spreadtrum (SPRD) , SandRidge Energy (SD), Atwood Oceanics (ATW) and CME Group (CME) were upgraded or downgraded by analysts.
Wendy's (WEN) downgraded to Neutral from Buy at Janney Capital.Janney downgraded Wendy's citing industry commentary that indicates the company had weak January and February same-store sales trends. Price target is $5.50.
QEP Resources (QEP) downgraded to Underperform from Neutral at Sterne Agee.Sterne Agee downgraded QEP Resources citing valuation and lack of near-term catalysts. Price target is $35.
Spreadtrum (SPRD) downgraded to Buy from Strong Buy at Needham.Needham downgraded Spreadtrum citing increased profile ahead of new product ramps and the aggressive pricing environment. Price target $18.
SandRidge Energy (SD) downgraded to Sell from Hold at Canaccord.Canaccord downgraded SandRidge citing higher operating expenses following the Q4 report and liquidity challenges. Price target lowered to $6 from $7.
Atwood Oceanics (ATW) upgraded to Buy from Hold at Dahlman Rose.Dahlman Rose upgraded Atwood Oceanics given potential growth from its newbuild program and leverage to the deepwater floating rig market. Price target $58.
CME Group (CME) downgraded to Underperform from Outperform at CLSA.CLSA downgraded CME Group citing weak fundamentals and expectations for shares to be under pressure once the special dividend is paid in March. Price target raised to $280 from $275.
QEP Resources (QEP) downgraded to Underperform from Neutral at Sterne Agee.Sterne Agee downgraded QEP Resources citing valuation and lack of near-term catalysts. Price target is $35.
Spreadtrum (SPRD) downgraded to Buy from Strong Buy at Needham.Needham downgraded Spreadtrum citing increased profile ahead of new product ramps and the aggressive pricing environment. Price target $18.
SandRidge Energy (SD) downgraded to Sell from Hold at Canaccord.Canaccord downgraded SandRidge citing higher operating expenses following the Q4 report and liquidity challenges. Price target lowered to $6 from $7.
Atwood Oceanics (ATW) upgraded to Buy from Hold at Dahlman Rose.Dahlman Rose upgraded Atwood Oceanics given potential growth from its newbuild program and leverage to the deepwater floating rig market. Price target $58.
CME Group (CME) downgraded to Underperform from Outperform at CLSA.CLSA downgraded CME Group citing weak fundamentals and expectations for shares to be under pressure once the special dividend is paid in March. Price target raised to $280 from $275.
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