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.
Maxwell Tech (MXWL), ARM Holdings (ARMH), Acorda Therapeutics (ACOR), Altra Holdings (AIMC), Ultra Petroleum (UPL) and Dell (DELL) were upgraded or downgraded by analysts.
Maxwell Tech (MXWL) downgraded to Neutral from Outperform at RW Baird.Baird downgraded Maxwell Tech based on valuation. Price target is $21.
ARM Holdings (ARMH) upgraded to Neutral from Reduce at Natixis.
Acorda Therapeutics (ACOR) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded Acorda Therapeutics citing valuation following the company's Q4 results and Neuronex acquisition. The firm raised its price target for shares to $29 from $27.
Altra Holdings (AIMC) downgraded to Hold from Buy at Jefferies.Jefferies downgraded Altra Holdings citing the company's weaker than expected Q4 results and guidance. The firm lowered its price target for shares to $21 from $25.
Ultra Petroleum (UPL) downgraded to Hold from Buy at Jefferies.Jefferies downgraded Ultra Petroleum citing the company's production outlook and weak gas price fundamentals. The firm lowered its price target for shares to $22 from $27.
Dell (DELL) downgraded to Neutral from Outperform at RW Baird.Baird downgraded Dell based on valuation. Price target raised to $20 from $18.
ARM Holdings (ARMH) upgraded to Neutral from Reduce at Natixis.
Acorda Therapeutics (ACOR) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded Acorda Therapeutics citing valuation following the company's Q4 results and Neuronex acquisition. The firm raised its price target for shares to $29 from $27.
Altra Holdings (AIMC) downgraded to Hold from Buy at Jefferies.Jefferies downgraded Altra Holdings citing the company's weaker than expected Q4 results and guidance. The firm lowered its price target for shares to $21 from $25.
Ultra Petroleum (UPL) downgraded to Hold from Buy at Jefferies.Jefferies downgraded Ultra Petroleum citing the company's production outlook and weak gas price fundamentals. The firm lowered its price target for shares to $22 from $27.
Dell (DELL) downgraded to Neutral from Outperform at RW Baird.Baird downgraded Dell based on valuation. Price target raised to $20 from $18.
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