Analyst calls: Aeropostale downgraded
FedEx is downgraded to 'neutral,' and Coty is initiated with a 'hold.'
Thursday's noteworthy upgrades include:
- Alcatel-Lucent (ALU) upgraded to Neutral from Sell at UBS
- Ann Inc. (ANN) upgraded to Outperform from Perform at Oppenheimer
- Hewlett-Packard (HPQ) upgraded to Outperform from Market Perform at Wells Fargo
- Wal-Mart (WMT) upgraded to Outperform from Market Perform at Raymond James
- Weyerhaeuser (WY) upgraded to Outperform from Market Perform at BMO Capital
Thursday's noteworthy downgrades include:
- Aeropostale (ARO) downgraded to Perform from Outperform at Oppenheimer
- Alcatel-Lucent (ALU) downgraded to Underperform from Neutral at Exane BNP Paribas
- American Eagle (AEO) downgraded to Perform from Outperform at Oppenheimer
- Disney (DIS) downgraded to Neutral from Conviction Buy at Goldman
- FedEx (FDX) downgraded to Neutral from Overweight at JPMorgan
- Newmont Mining (NEM) downgraded to Neutral from Outperform at Cowen
- Sprint (S) downgraded to Hold from Buy at Argus
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Stocks are facing some serious resistance as the bears tear into the market's respite.
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