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.
Cisco (CSCO) , Aruba Networks (ARUN), CNO Financial (CNO), SunTrust (STI), KeyCorp (KEY) and Ciena (CIEN) were upgraded or downgraded by analysts.
Cisco (CSCO) coverage transferred with an Outperform at Raymond James.Target $25.
Ciena (CIEN) downgraded to Market Perform from Strong Buy at Raymond James.Raymond James transferred coverage on Ciena with a Market Perform rating from an Strong Buy rating. The analyst downgraded shares citing a slow down in optical systems growth and margins.
Aruba Networks (ARUN) initiated with a Buy at Needham.Target $28.
CNO Financial (CNO) initiated with a Buy at Goldman.Target $9.
SunTrust (STI) initiated with a Neutral at Citigroup.Target $26.
KeyCorp (KEY) upgraded to Buy from Neutral at Citigroup.Citigroup upgraded KeyCorp and raised its price target for shares to $10 from $8 after assuming coverage of the stock. Citi cites valuation and KeyCorp's above average Tier 1 common ratio for the upgrade.
Ciena (CIEN) downgraded to Market Perform from Strong Buy at Raymond James.Raymond James transferred coverage on Ciena with a Market Perform rating from an Strong Buy rating. The analyst downgraded shares citing a slow down in optical systems growth and margins.
Aruba Networks (ARUN) initiated with a Buy at Needham.Target $28.
CNO Financial (CNO) initiated with a Buy at Goldman.Target $9.
SunTrust (STI) initiated with a Neutral at Citigroup.Target $26.
KeyCorp (KEY) upgraded to Buy from Neutral at Citigroup.Citigroup upgraded KeyCorp and raised its price target for shares to $10 from $8 after assuming coverage of the stock. Citi cites valuation and KeyCorp's above average Tier 1 common ratio for the upgrade.
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