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Actionable news in WMT: WAL-MART STORES Inc,

Top Analyst Upgrades and Downgrades: EMC, Facebook, 58.com, HD Supply, Netflix, TripAdvisor, Wal-Mart and Many More

Stocks were getting a solid bounce on Thursday, proving yet again that investors want to buy stocks on weakness or when opportunity arises. 24/7 Wall St. reviews dozens of analyst research reports each morning to find new investing and trading ideas for our readers. Some of analyst calls cover stocks to buy, while other calls cover stocks to sell or to avoid. These are this Thursday’s top analyst upgrades, downgrades and initiations.

EMC Corp. (NYSE: EMC) was downgraded to Hold from Buy with a $30.00 price target (versus a $27.11 prior close) at Deutsche Bank. EMC still has a consensus valuation target right at $30.00 or so, but that Dell buyout value has diminished due to the VMware second-class citizen treatment. EMC has a 52-week trading range of $22.66 to $30.92.

Facebook Inc. (NASDAQ: FB) was raised to Buy from Hold at Argus, and the price target is set at $115 (versus a $94.07 close). Facebook has a consensus price target of almost $112.00 and a 52-week range of $$70.32 to $99.24.

58.com Inc. (NYSE: WUBA) was started with a Sell rating and was assigned a $48.00 price target (versus a $50.63 close) at CLSA. The 58.com shares had a consensus price target of $74.79 prior to this call, and its 52-week range is $35.50 to $83.71.

HD Supply Holdings Inc. (NASDAQ: HDS) was started as Buy and was assigned a $38.00 price target (versus a $29.73 close) at Goldman Sachs. The stock has a consensus price target...


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