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.
JPMorgan upgraded SunTrust Banks (NYSE: STI) from Neutral to Overweight.Shares of SunTrust Banks closed at $25.45 yesterday, with a 52 week range of $15.79-$25.76.
Morgan Stanley upgraded Stanley Black & Decker (NYSE: SWK) from Equalweight to Overweight.Shares of Stanley Black & Decker closed at $66.06 yesterday, with a 52 week range of $47.07-$81.90.
Credit Suisse downgraded Barclays (NYSE: BCS) from Outperform to Neutral.Shares of Barclays closed at $11.52 yesterday, with a 52 week range of $8.38-$16.41.
Oppenheimer downgraded Concur Technologies (NASDAQ: CNQR) from Outperform to Perform.Shares of Concur Technologies closed at $74.18 yesterday, with a 52 week range of $34.54-$74.50.
Barclays maintains an 'Equalweight' on Netflix (NASDAQ: NFLX) price target of $70.00 (from $80.00).
Analyst, Anthony DiClemente, said, "While Netflix will maintain non-exclusive rights to EPIX content, we believe Netflix's unwillingness or inability to pay up for exclusivity suggests that it may not have the capital necessary to bid for top quality domestic content. Netflix's ongoing push into international territories requires a substantial investment that we believe may be coming at the expense of the domestic business, where content costs for Netflix continue to rise at a rapid pace. Given our more cautious outlook for Netflix near term, we are lowering our target to $70."
Shares of Netflix closed at $55.93 yesterday, with a 52 week range of $52.81-$221.98.
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