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Wall Street analysts upgrade stocks like Boeing and Home Depot on hopes the market has bottomed

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New for subscribers: Wall Street analysts upgrade stocks like Boeing and Home Depot on hopes the market has bottomed Check out CNBCPro and get your first 30 days free.

as investors look for a bottom, but Wall Street analysts are still finding buying opportunities. Stocks getting upgrades on Friday include Qualcomm, Tesla, Home Depot, Generac, and more.

Loop said in its upgrade of the stock that it expects the company to be "less impacted" from the coronavirus than other retailers.will be less impacted than most retailers based on the simple fact that its stores are expected to remain open. Construction is considered an essential industry, and we believe many projects are ongoing despite the spike in unemployment overall. Our expectation for SSS -3% in 2020 only reflects growth YoY in F1Q. Our F2020 EPS estimate of $8.

 

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Pro I like how these stocks are being upgraded and downgraded every week, as if there’s a strong indication that there is any logic in the market right now.

Pro Sell signal

Pro It hasn’t. The market is stupid.

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