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Top Analyst Upgrades and Downgrades: Carrizo, Nike, Oracle, Pure Storage, Regions Financial, Seagate and More

Stocks were indicated lower on Monday, but if there is one trend we keep seeing it is that investors will buy their favorite stocks and other stocks they see value in after weakness. 24/7 Wall St. reviews dozens of analyst research reports each morning of the week. The goal is to find new investing and trading ideas for our readers. Some of these analyst calls cover stocks to buy and others cover stocks to sell or avoid. These are this Monday’s top analyst upgrades, downgrades and initiations.

Carrizo Oil & Gas Inc. (NASDAQ: CRZO) was maintained as Buy at Canaccord Genuity, but the firm lowered its price target down to $50.00 from $54.00. Carrizo shares closed at most recently at $40.35 and have a consensus price target of $50.44. The 52-week trading range is $27.79 to $56.77.

Nike Inc. (NYSE: NKE) was raised to Buy with a $148.00 price target (versus a $130.47 prior close) at BB&T Capital Markets. Nike has a consensus analyst price target of $137.74 and a 52-week range of $86.77 to $130.59.

Oracle Corp. (NYSE: ORCL) was downgraded to Sector Weight from Overweight at Pacific Crest. Oracle closed at $37.37, has a consensus analyst price target of $44.29 and has a 52-week range of $35.14 to $46.71.

Pure Storage Inc. (NYSE: PSTG) was started as Neutral with a $21.00 price target (versus an $18.84 close, after a 4% drop) at UBS...