Top Analyst Upgrades and Downgrades: Alcoa, Apple, Ciena, Cisco, Dave & Buster’s, GameStop, Hilton, Newmont Goldcorp, RH, Square, Zscaler and More

Stocks have been volatile, but the major indexes were last seen trading up about 0.2% on average on Wednesday. With all the volatility in the stock market, and considering that the bull market is well over 10 years, investors need to be considering what changes they should be making for their portfolios and assets heading into late 2019 and as 2020 approaches.

24/7 Wall St. reviews dozens of analyst research reports each day of the week to find new ideas for traders and long-term investors alike. Some of the daily analyst calls cover stocks to buy, while some cover stocks to sell or to avoid.

We have provided these calls in a quick-hit summary for easy reading, and additional comments and trading data have been added on some of the calls. The consensus analyst price targets and other valuation metrics are from the Refinitiv (Thomson Reuters) sell-side research service.

These are the top analyst upgrades, downgrades and initiations for Wednesday, September 11, 2019.

Alcoa Inc. (NYSE: AA) was raised to Outperform from Neutral and the price target was raised to $27 from $26 at Credit Suisse. Alcoa closed up 2.6% at $20.83 ahead of the call and was indicated up 2.4% at $21.33 afterward. Its prior consensus target price was $28.58.

Alliance Data Systems Corp. (NYSE: ADS) was raised to Buy from Neutral with a $152 target price (versus a $132.28 prior close, after a 2.5% gain) at Goldman Sachs. Its prior consensus target price was $174.21.

Altice USA Inc. (NYSE: ATUS) was reiterated as Buy and the price target was raised to $42 from $35 (versus a $28.79 close) at Nomura/Instinet.

Apple Inc. (NASDAQ: AAPL) was reiterated with a $245 price target and Outperform rating at Wedbush Securities on the heels of the iPhone 11 launch and release

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