Wells Fargo gives Nabors Industries Ltd. (NYSE: NBR) an Outperform


Markets closed at an all-time high this Wednesday morning and investors are trying to find decent bargains with companies leading the stock market in order to profit from higher dividends. Various analysts have reported on which stocks to purchase and which to avoid. The following list includes stocks which are Buys, Reiteration, outperformers as well as market performers. They are as follows:


Ericsson (NASDAQ: ERIC) suffered from the buy of UBS as it was down from before.

Bank of New York Mellon Corp. (NYSE: BK) is now a Buy by Citigroup.

SAGE Therapeutics Inc. (NASDAQ: SAGE) has increased the bar to Buy from the previous Neutral with the price target of $38 at Goldman Sachs.

Ubiquiti Networks Inc. (NASDAQ: UBNT) has been initiated as a Buy with the price target of $45 at SunTrust Robinson Humphrey.

State Street Corp. (NYSE: STT) is initiated as a Buy at the Citigroup.

HomeAway Inc. (NASDAQ: AWAY) is now a Buy with the SunTrust Robinson Humphrey.


Northern Trust Corp. (NASDAQ: NTRS) started as a Neutral by Citigroup.

TearLab Corp. (NASDAQ: TEAR) has been reiterated with a price target of $8 as Buy.

McDonald’s Corp. (NYSE: MCD) is overweight yet again due to JP Morgan’s price target of $102. It didn’t matter that the hamburger chain is now a sinking ship.


Pan America Silver Corp. (NASDAQ: PAAS) has been downgraded as it is now Hold from a Buy this was done by TD Securities. The price target dropped from $19 to $15.

Micron Technology Inc. (NASDAQ: MU) is now reiterated as a buy due to the price target of $40 after publishing Thursday’s earnings.


Goldcorp Inc. (NYSE: GG) was an outperformer from $32 to $33 at the Credit Suisse. This was clearly better than its normal results.

Auxilium Pharmaceuticals Inc. (NASDAQ: AUXL) starting from outperform at RBS Capital Markets ended up at Sector Perform.

Nabors Industries Ltd. (NYSE: NBR) is now an outperform by Wells Fargo.

Neutral Performer:

Morgan Stanley (NYSE: MS) is another company that is downgraded from being an overperformer by J.P. Morgan.

Sarepta Therapeutics Inc. (NASDAQ: SRPT) was initiated as Outperform at Credit Suisse with $36 as the price target.

Patterson-UTI Energy Inc. (NASDAQ: PTEN) is now an outperform by Wells Fargo.

Rio Tinto PLC (NYSE: RIO) has been increased to Overweight from the previous Morgan Stanley Equal Weight.

Medivation Inc. (NASDAQ: MDVN) is now downgraded from an overperformer to neutral by Goldman Sachs.

Market Performers:

Marvell Technology Group Ltd. (NASDAQ: MRVL) is now a better market performer since its past underperformance at the JMP Securities.

National Oilwell Varco Inc. (NYSE: NOV) is now a Market Performer by Wells Fargo (NYSE:WFC)

With all the buys, investors should be takers as Wall Street predictions state the leading companies in the market at the time. Many such as KB Homes (NYSE:KBH) and Bed Bath & Beyond (NASDAQ:BBBY) are doing well with the quarterly results stated hence investors should take the Wall Street’s predictions seriously before investing.