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.
Jefferies downgraded Tata Motors (NYSE: TTM) from Buy to Hold.
The firm comments, "JLR has benefited from a fortuitous combination of strong demand, strong pricing, superior mix and controlled investments. We see increasing adverse risk to all these factors — especially to demand strength and extraordinary pricing power in China. Near term product mix is likely to weaken while investments are being stepped up. The slowdown in the domestic CV market could put further pressure on cash flows. We cut our rating to Hold."
Shares of Tata Motors closed at $21.53 yesterday, with a 52 week range of $14.33-$30.63.
Jefferies downgraded Tata Motors (NYSE: TTM) from Buy to Hold.
The firm comments, "JLR has benefited from a fortuitous combination of strong demand, strong pricing, superior mix and controlled investments. We see increasing adverse risk to all these factors — especially to demand strength and extraordinary pricing power in China. Near term product mix is likely to weaken while investments are being stepped up. The slowdown in the domestic CV market could put further pressure on cash flows. We cut our rating to Hold."
Shares of Tata Motors closed at $21.53 yesterday, with a 52 week range of $14.33-$30.63.
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