Top Analyst Upgrades and Downgrades (A, AVY, BP, CONN, CFI, THO, ORCL, FB, GM, YHOO, YUM)
Dec 26th 2012 8:46AM
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. With this being the week of Christmas, analyst upgrades and downgrades are likely going to be very light until after January 2.
Agilent Technologies Inc. (NYSE: A) named Bear of the Day at Zacks.
Avery Dennison Corp. (NYSE: AVY) named Bull of the Day at Zacks.
BP PLC (NYSE: BP) reiterated Hold but raised estimates at Argus.
Conns Inc. (NASDAQ: CONN) named as growth stock of the day at Zacks.
Culp Inc. (NYSE: CFI) named value stock of the day at Zacks.
Thor Industries Inc. (NYSE: THO) reiterated Buy with $42 target at Argus.
Credit Suisse commented that Oracle Corp. (NASDAQ: ORCL) could make the software as a service (SaaS) market come with higher multiples. Those noted positively were RNOW and TLEO, and others were CNQR, CSOD, CTCT, JIVE, MKTG, RP, SNCR and ULTI.
Most investors and traders were out on Monday, but here are some of the standout calls that were still listed with upgrades and downgrades on Monday:
Facebook Inc. (NASDAQ: FB) reiterated Buy but the price target was raised to $33 from $25 at Needham.
General Motor Co. (NYSE: GM) started as Buy with $35 price target at Goldman Sachs.
Yahoo! Inc. (NASDAQ: YHOO) reiterated Buy but price target was raised to $26 from $19 at Needham.
Yum! Brands Inc. (NYSE: YUM) reiterated Buy with $76 target at Bank of America/Merrill Lynch.
24/7 Wall St. again reiterates its Strong Sell rating on the Mayan Calendar.
JON C. OGG
Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: A, AVY, BP, CFI, CONN, FB, GM, ORCL, THO, YHOO, YUM