Top Analyst Upgrades and Downgrades: Akamai, Carnival, Chevron, Pollo Loco ... - 24/7 Wall St.
The one trend that could be counted on in 2014 was that investors proved over and over that they would buy stocks on weakness that offer value or that have been overlooked by the market. Some analyst reports cover stocks to buy, while others cover stocks to sell or avoid. Monday’s weakness is being tied to weakness in Europe, and the euro is nearing a decade low. These are this Monday’s top analyst upgrades, downgrades and initiations seen from Wall Street research calls. (NYSE: CVX) was downgraded to Neutral from Buy at Citigroup. (NASDAQ: LOCO) was raised to Outperform from Neutral with a $34 price target (versus a $20. 26 close) at Baird. Ford Motor Co. (NYSE: F) was downgraded to Neutral from Buy at Citigroup. (NASDAQ: LULU) was raised to Outperform from Market Perform at William Blair. (NASDAQ: SBUX) was downgraded to Neutral from Buy at Janney Capital Markets. Source: 247wallst.com
