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Actionable news in AEGR: Aegerion Pharmaceuticals, Inc.,

Top Analyst Upgrades and Downgrades: Aegerion, Amazon, EMC, McDonald’s, MetLife, Microsoft, SanDisk, Tyco and More

Stocks were indicated higher on Wednesday after Tuesday’s minor recovery that broke the losing streak for stocks. Some excitement is around Mario Draghi and ECB quantitative easing expectations, but the reality here is that investors just keep showing that they want to buy stocks on pullbacks and when value propositions arise. 24/7 Wall St. reviews dozens of analyst reports each day to find new ideas for its readers. Some analyst reports cover stocks to buy, and other analyst calls cover stocks to sell or avoid. These are this Wednesday’s top analyst upgrades, downgrades and initiations.

Aegerion Pharmaceuticals Inc. (NASDAQ: AEGR) was raised to Neutral from Underperform and the price objective was cut to $13 from $21 (versus a $10.64 prior close, after an 18.9% drop) at Bank of America Merrill Lynch. Shares closed at $13.12 on Monday, but it was at $16.36 last Friday.

Amazon.com Inc. (NASDAQ: AMZN) was reiterated as Overweight at Morgan Stanley, but the price target was raised to $800 (versus a $659.68 close). The stock has a consensus analyst price target of $720.11 and a 52-week trading range of $285.25 to $662.26.

EMC Corp. (NYSE: EMC) was downgraded to Market Perform from Outperform at Wells Fargo. EMC has a consensus analyst price target of $29.81 and a 52-week range of $22.66 to $30.92. More concerns over how the Dell buyout will go are in the air.

ALSO READ: 5 Big Oil and Gas Stocks Analysts Want You to Buy Now

McDonald’s Corp. (NYSE: MCD) was reiterated as Outperform and the $118 price target was raised to $128 (versus a $113.22 close) at Credit Suisse. The firm...


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