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Actionable news in INTC: Intel Corporation,

Top Analyst Upgrades and Downgrades: Analog Devices, Intel, Oracle, Royal Dutch Shell, Twitter, Under Armour, Whiting Petroleum and More

Stocks were mixed in the wee-hours of futures trading Wednesday, but they have since decided to turn positive. A trend that just will not die is that investors step up and buy value stocks when they are sold off. 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. Other calls cover stocks to sell or avoid. These are this Wednesday’s top analyst upgrades, downgrades and initiations.

Analog Devices Inc. (NASDAQ: ADI) was raised to Outperform from Market Perform with a $66.00 price target (versus a $56.05 prior close) at BMO Capital Markets. Analog Devices has a consensus analyst price target of $67.48 and a 52-week trading range of $42.59 to $68.97.

Intel Corp. (NASDAQ: INTC) was reiterated as Buy and its $39 price target was maintained as well at Canaccord Genuity. The firm is introducing its 2017 estimates calling for mid-single digit revenue and earnings growth. Intel has a consensus analyst price target of $33.90 and a 52-week range of $24.87 to $37.90.

Oracle Corp. (NYSE: ORCL) was downgraded to Market Underperform from Market Perform and was given a $31.00 price target (versus a $37.82 close) at JMP Securities. Oracle’s consensus price target is $44.71 and the software giant has a 52-week range of $35.14 to $46.71.

Royal Dutch Shell PLC (NYSE: RDS-A) was raised to Buy with a $73.00 price target (versus a $54.13 close) at Argus. Shell has a 52-week range of $45.81 to $72.20. The firm expects Shell’s underperformance against the S&P and the energy sector in the past five years to reverse as Shell cuts costs, improves its return on...


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