The investment bank says these 8 names have a downside potential of some 20% or more.
eBay is initiated with an 'outperform,' and BroadSoft is downgraded at 2 firms.
The Dow's decline Monday saw many companies retreat from overbought levels but these ones are oversold.
Despite the threat of sequestration, UBS is positive on some of the biggest defense contractors.
Citigroup initiates solar stocks: SunPower is initiated with a 'buy' and Suntech with a 'sell.'
Yahoo is upgraded to 'buy,' and Google is downgraded to 'market perform.'
The averages remain in a narrow trading range, as investors await movement in the ongoing fiscal cliff negotiations.
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