Roche is upgraded to 'overweight,' while Novartis is downgraded to 'equal weight.'
Does Marissa Mayer have the vision to bring the company back?
| Tags: | COFGOOGJonathan BerrYHOO |
BB&T is both upgraded and downgraded, while H&R Block is initiated with a 'buy.'
Fiserv is downgraded to 'neutral,' and Agilent is initiated with an 'overweight.'
The bank's $31.3 billion purchase of HSBC's US card business was expected to include some pretty dramatic cost-cutting that is now being implemented.
Vertex is upgraded at several firms, and Electronic Arts is both upgraded and downgraded.
The recent price action in four big bank stocks suggests the sector is not yet ready to lead a new market rally.
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