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.
Lululemon (LULU), LinkedIn (LNKD), Wynn Resorts (WYNN), Quality Systems (QSII), Research in Motion (RIMM) and Veeco (VECO) were upgraded or downgraded by analysts.
LinkedIn (LNKD) upgraded to Buy from Neutral at Citigroup.Citigroup upgraded LinkedIn to Buy with a $125 price target citing the recent pullback in shares. Citi says LinkedIn has demonstrated strong execution and that its recent survey indicated increased customer satisfaction.
Lululemon (LULU) initiated with an Outperform at Wedbush.Target $90.
Wynn Resorts (WYNN) upgraded to Buy from Neutral at Goldman.Goldman upgraded WYnn Resorts based on valuation, strong Macau trends, and unit growth potential, among other reasons. Price target is $136.
Quality Systems (QSII) initiated with a Market Perform at Wells Fargo.Price target range $30-$32.
Research in Motion (RIMM) upgraded to Market Perform at JMP Securities.JMP Securities upgraded Research in Motion to Market Perform from Underperform based on valuation following the company's cautionary update.
Veeco (VECO) upgraded to Outperform from Neutral at Exane BNP Paribas
Lululemon (LULU) initiated with an Outperform at Wedbush.Target $90.
Wynn Resorts (WYNN) upgraded to Buy from Neutral at Goldman.Goldman upgraded WYnn Resorts based on valuation, strong Macau trends, and unit growth potential, among other reasons. Price target is $136.
Quality Systems (QSII) initiated with a Market Perform at Wells Fargo.Price target range $30-$32.
Research in Motion (RIMM) upgraded to Market Perform at JMP Securities.JMP Securities upgraded Research in Motion to Market Perform from Underperform based on valuation following the company's cautionary update.
Veeco (VECO) upgraded to Outperform from Neutral at Exane BNP Paribas
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