Actionable news
0
All posts from Actionable news
Actionable news in ABC: AMERISOURCEBERGEN Corp,

Top Analyst Upgrades and Downgrades: Bluebird, Celgene, Coach, 58.com, Gold Fields, Nike, Rite Aid, Vipshop, Waste Management and More

Stocks were indicated to open marginally higher on Friday after a two swing days this week. Thursday saw a large and broad sell-off, after a solid rally on Wednesday. Even though this bull market is well over eight years old, equity investors keep finding myriad new reasons to buy any major pullback or sell-off. Those same investors are also continuing to search for new investing and trading ideas.

24/7 Wall St. reviews dozens of analyst research reports each day of the week. The goal is to find new investing and trading ideas for our readers. Some of the daily analyst reports cover stocks to buy. Other reports cover stocks to sell or to avoid.

Many people might have assumed that the Friday before what will be a four-day weekend would be quiet, but there were many analyst calls in major companies. There will be very few analyst calls made this coming Monday.

Consensus analyst price target data come from the Thomson Reuters sell-side research service. Additional color and commentary has been added on most of the daily analyst calls. These were the top analyst upgrades, downgrades and other research calls from Friday, June 30, 2017.

AmerisourceBergen Corp. (NYSE: ABC) was downgraded to Neutral from Buy with a $95 price objective (versus a $95.76 prior close) at Merrill Lynch.

Bluebird Bio Inc. (NASDAQ: BLUE) was downgraded to Neutral from Buy at BTIG. Shares closed down 0.8% at $108.25 on Thursday, in a 52-week range of $37.05 to $123.75 and with a prior consensus target price of $107.85.

Cabot Oil & Gas Corp. (NYSE: COG)...


More