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.
Nomura Securities upgraded eBay (NASDAQ: EBAY) from Neutral to Buy.Shares of eBay closed at $48.59 yesterday, with a 52 week range of $27.41-$50.65.
Citi upgraded SBA Communications (NASDAQ: SBAC) from Neutral to Buy.Shares of SBA Communications closed at $63.69 yesterday, with a 52 week range of $32.36-$64.37.
Brean Murray Carret & Co. downgraded NuVasive (NASDAQ: NUVA) from Buy to Hold after last night's warning.
"The miss was due to weakness in the core US Lumbar business (IOM was also weak), but it had less to do with the competitive positioning, and the pipeline, which we had been focused on, and more to do with shifting market dynamics. Specifically, NUVA estimates it lost $15-25 million of annualized business, with half the loss coming from physician practices switching to Physician Owned Distributors (PODs)--which NUVA doesn’t do business with--and the other half from poached sales reps (about 50%)."
The firm believe Globus (NASDAQ: GMED) and to a lesser extent Orthofix (NASDAQ: OFIX) were the primary beneficiaries.Shares of NuVasive closed at $22.62 yesterday, with a 52 week range of $11.02-$25.99.
UBS downgraded ADTRAN (NASDAQ: ADTN) from Buy to Neutral.Shares of ADTRAN closed at $16.38 yesterday, with a 52 week range of $15.73-$38.95.
Piper Jaffray initiates coverage on Quidel Corp. (NASDAQ: QDEL) with a Overweight. PT $26.00.Shares of Quidel Corp. closed at $18.17 yesterday, with a 52 week range of $14.08-$19.37.
Credit Suisse initiates coverage on Emulex (NYSE: ELX) with a Underperform. PT $6.00.Shares of Emulex closed at $7.26 yesterday, with a 52 week range of $5.85-$11.19.
Nomura Securities upgraded eBay (NASDAQ: EBAY) from Neutral to Buy.Shares of eBay closed at $48.59 yesterday, with a 52 week range of $27.41-$50.65.
Citi upgraded SBA Communications (NASDAQ: SBAC) from Neutral to Buy.Shares of SBA Communications closed at $63.69 yesterday, with a 52 week range of $32.36-$64.37.
Brean Murray Carret & Co. downgraded NuVasive (NASDAQ: NUVA) from Buy to Hold after last night's warning.
"The miss was due to weakness in the core US Lumbar business (IOM was also weak), but it had less to do with the competitive positioning, and the pipeline, which we had been focused on, and more to do with shifting market dynamics. Specifically, NUVA estimates it lost $15-25 million of annualized business, with half the loss coming from physician practices switching to Physician Owned Distributors (PODs)--which NUVA doesn’t do business with--and the other half from poached sales reps (about 50%)."
The firm believe Globus (NASDAQ: GMED) and to a lesser extent Orthofix (NASDAQ: OFIX) were the primary beneficiaries.Shares of NuVasive closed at $22.62 yesterday, with a 52 week range of $11.02-$25.99.
UBS downgraded ADTRAN (NASDAQ: ADTN) from Buy to Neutral.Shares of ADTRAN closed at $16.38 yesterday, with a 52 week range of $15.73-$38.95.
Piper Jaffray initiates coverage on Quidel Corp. (NASDAQ: QDEL) with a Overweight. PT $26.00.Shares of Quidel Corp. closed at $18.17 yesterday, with a 52 week range of $14.08-$19.37.
Credit Suisse initiates coverage on Emulex (NYSE: ELX) with a Underperform. PT $6.00.Shares of Emulex closed at $7.26 yesterday, with a 52 week range of $5.85-$11.19.
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com
