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.
Oracle (ORCL), Energy Transfer Partners (ETP), Life Technologies (LIFE), Limited (LTD), Anadarko (APC) and KLA-Tencor (KLAC) were upgraded or downgraded by analysts.
Oracle (ORCL) downgraded to Market Perform from Outperform at JMP Securities.JMP Securities believes Oracle's cloud efforts may take time to mature and increased enterprise adoption may reduce sales of its perpetual applications and pull-through of database and middleware to those applications.
Energy Transfer Partners (ETP) downgraded to Market Perform at Wells Fargo.Wells Fargo downgraded Energy Transfer Partners to Market Perform from Outperform citing natural gas prices and the company's financing requirements. The firm lowered its target range for shares to $46-$50 from $48-$52.
Life Technologies (LIFE) upgraded to Buy from Neutral at Citigroup.Citigroup upgraded Life Technologies citing valuation following Friday's sell-off in shares. Citi upped its price target for the name to $56 from $52.
Limited (LTD) downgraded to Neutral from Positive at Susquehanna.
Anadarko (APC) downgraded to Neutral from Overweight at JPMorgan.JP Morgan downgraded Anadarko citing potential risk from the Tronox litigation. Price target lowered to $83 from $88.50.
Energy Transfer Partners (ETP) downgraded to Market Perform at Wells Fargo.Wells Fargo downgraded Energy Transfer Partners to Market Perform from Outperform citing natural gas prices and the company's financing requirements. The firm lowered its target range for shares to $46-$50 from $48-$52.
Life Technologies (LIFE) upgraded to Buy from Neutral at Citigroup.Citigroup upgraded Life Technologies citing valuation following Friday's sell-off in shares. Citi upped its price target for the name to $56 from $52.
Limited (LTD) downgraded to Neutral from Positive at Susquehanna.
Anadarko (APC) downgraded to Neutral from Overweight at JPMorgan.JP Morgan downgraded Anadarko citing potential risk from the Tronox litigation. Price target lowered to $83 from $88.50.
KLA-Tencor (KLAC) downgraded to Neutral from Overweight at JPMorgan.JP Morgan downgraded KLA-Tencore based on valuation. Price target is $52.
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