Mar 10, 2016

Posted by in Stock Reports | 0 Comments

Watch these 3 stock upgrades for investment ideas: Bitauto Hldg Ltd (NYSE:BITA), CBS Corporation (NYSE:CBS), Fire Eye Inc (NASDAQ:FEYE)

Watch these 3 stock upgrades for investment ideas: Bitauto Hldg Ltd (NYSE:BITA), CBS Corporation (NYSE:CBS), Fire Eye Inc (NASDAQ:FEYE)

Analysts’ recommendations are the fountainhead of equity research reports and should be used in tangent with proprietary research and investment methodologies in order to make investment decisions.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Ultimately, through all this investigation into the company’s performance the analyst decides whether their stock is a “buy,” sell” or hold.”

Credit Suisse upgraded Bitauto Hldg Ltd (NYSE:BITA) to Outperform from Neutral on Wednesday. The stock has a consensus Buy rating, according to Zacks Investment Research. No analyst has rated the stock with a sell rating, 2 have assigned a hold rating, Zero says it’s a buy, and 2 have assigned a strong buy rating to the company.

In a note to investors, Wells Fargo upgraded CBS Corporation (NYSE:CBS) to Outperform from Market Perform. It has earned a consensus Strong Buy rating, according to Zacks Investment Research. No analyst has rated the stock with a sell rating, 5 have assigned a hold rating, 2 say it’s a buy and 15 have assigned a strong buy rating to the company.

According to a research note released on Wednesday, Piper Jaffray has upgraded Fire Eye Inc (NASDAQ:FEYE) from Neutral to Overweight, and has raised the price target from $15 to $24. The average analysts that follow this company have a ‘Buy’ rating, according to Zacks Investment Research. Among analysts covering the stock, 10 maintain strong buy rating, Zero set the stock as buy, 13 have assigned a hold rating and Zero suggests selling.

 

Comments are closed.