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.
Amazon.com (AMZN),Urban Outfitters (URBN), Goldcorp (GG), Pandora (P), Newmont Mining (NEM) and AutoZone (AZO) were upgraded or downgraded by analysts.
Amazon.com (AMZN) initiated with a Market Perform at JMP Securities.
Urban Outfitters (URBN) upgraded to Neutral from Sell at Citigroup.Citigroup upgraded Urban Outfitters to Neutral citing a more positive earnings bias after the company said comps thus far in Q1 are tracking low single-digit positive. The firm raised its price target for shares to $32 from $26.
Goldcorp (GG) initiated with a Neutral at Citigroup.Target $47.
Pandora (P) initiated with an Outperform at JMP Securities.Target $14.
Newmont Mining (NEM) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded Newmont Mining and lowered its price target for shares to $56 from $80 citing valuation and risks to the company's 7M oz. target.
AutoZone (AZO) upgraded to Conviction Buy from Neutral at Goldman.Goldman upgraded AutoZone citing, valuation, its commercial ramp, and leverage to recent investments. Price target is $435.
Urban Outfitters (URBN) upgraded to Neutral from Sell at Citigroup.Citigroup upgraded Urban Outfitters to Neutral citing a more positive earnings bias after the company said comps thus far in Q1 are tracking low single-digit positive. The firm raised its price target for shares to $32 from $26.
Goldcorp (GG) initiated with a Neutral at Citigroup.Target $47.
Pandora (P) initiated with an Outperform at JMP Securities.Target $14.
Newmont Mining (NEM) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded Newmont Mining and lowered its price target for shares to $56 from $80 citing valuation and risks to the company's 7M oz. target.
AutoZone (AZO) upgraded to Conviction Buy from Neutral at Goldman.Goldman upgraded AutoZone citing, valuation, its commercial ramp, and leverage to recent investments. Price target is $435.
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/
