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Top Analyst Upgrades & Downgrades: Barclays Cuts Allied World (AWH) to Underweight; Prefers ACE, ACGL, CB & MMC- 7/3/12
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.
This morning, Barclays downgraded Allied World Assurance (NYSE: AWH) from Equalweight to Underweight, a valuation call after the stock moved up 25% year-to-date.
However, analyst, Jay Gelb, still recommends ACE Ltd (NYSE: ACE)(PT $90), Arch Capital Group (Nasdaq: ACGL) and Chubb (NYSE: CB)(PT $85) and names Marsh & McLennan (NYSE: MMC) as a Top Pick among insurance brokers.
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