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.
Lululemon (LULU), LivePerson (LPSN), Heinz (HNZ), Carter's (CRI), Illinois Tool Works (ITW) and Siemens (SI) were upgraded or downgraded by analysts.
Lululemon (LULU) downgraded to Hold from Buy at KeyBanc.KeyBanc downgraded Lululemon based on valuation based on valuation and a more cautious view of the U.S. high-end consumer
LivePerson (LPSN) initiated with an Outperform at Oppenheimer.Target $21.
Heinz (HNZ) downgraded to Hold from Buy at Jefferies.Jefferies downgraded Heinz pending a turnaround at the company's North American Consumer Products division. The firm said Heinz's FY13 guidance was disappointing and lowered its price target for shares to $56 from $60.
Carter's (CRI) upgraded to Buy from Neutral at Citigroup.Citigroup upgraded Carter's citing expectations for 10%-plus topline growth over the next several years and EBIT margin expansion. The firm raised its price target for shares to $62 from $54.
Illinois Tool Works (ITW) upgraded to Overweight from Neutral at JPMorgan.Following management meetings, JPMorgan upgraded Illinois Tool Works to reflect renewed efforts to improve performance and adjust it portfolio. Price target raised to $66 from $56.
Siemens (SI) upgraded to Buy from Hold at Deutsche Bank.Deutsche Bank upgraded Siemens citing valuation and the company's focus back towards profitability.
LivePerson (LPSN) initiated with an Outperform at Oppenheimer.Target $21.
Heinz (HNZ) downgraded to Hold from Buy at Jefferies.Jefferies downgraded Heinz pending a turnaround at the company's North American Consumer Products division. The firm said Heinz's FY13 guidance was disappointing and lowered its price target for shares to $56 from $60.
Carter's (CRI) upgraded to Buy from Neutral at Citigroup.Citigroup upgraded Carter's citing expectations for 10%-plus topline growth over the next several years and EBIT margin expansion. The firm raised its price target for shares to $62 from $54.
Illinois Tool Works (ITW) upgraded to Overweight from Neutral at JPMorgan.Following management meetings, JPMorgan upgraded Illinois Tool Works to reflect renewed efforts to improve performance and adjust it portfolio. Price target raised to $66 from $56.
Siemens (SI) upgraded to Buy from Hold at Deutsche Bank.Deutsche Bank upgraded Siemens citing valuation and the company's focus back towards profitability.
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