Analyst calls: Allergan downgraded
Idenix is downgraded to 'underperform,' and Facebook is upgraded to 'buy.'
Friday's noteworthy upgrades include:
- Cardinal Health (CAH) upgraded to Outperform from Market Perform at William Blair
- Facebook (FB) upgraded to Buy from Neutral at UBS
- Forest Labs (FRX) upgraded to Buy from Neutral at Goldman
- Kimberly Clark (KMB) upgraded to Market Perform from Underperform at BMO Capital
- Questcor (QCOR) upgraded to Outperform from Perform at Oppenheimer
- Southern Company (SO) upgraded to Buy from Neutral at Citigroup
- Lennar (LEN) upgraded to Neutral from Negative at Susquehanna
- Allergan (AGN) downgraded to Neutral from Buy at Goldman
- Idenix (IDIX) downgraded to Underperform from Neutral at RW Baird
- Questcor (QCOR) downgraded to Neutral from Buy at BofA/Merrill
- Newmont Mining (NEM) downgraded to Neutral from Buy at UBS
- Agnico-Eagle (AEM) downgraded to Neutral from Buy at UBS
- Kinross Gold (KGC) downgraded to Neutral from Buy at UBS
- Barrick Gold (ABX) downgraded to Neutral from Buy at UBS
- Zynga (ZNGA) downgraded to Underweight from Equal Weight at Morgan Stanley
- Amarin (AMRN) initiated with a Perform at Oppenheimer
- Chevron (CVX) initiated with an Outperform at Wells Fargo
- Exxon Mobil (XOM) initiated with a Market Perform at Wells Fargo
- Gartner (IT) initiated with a Buy at Stifel
- Wendy's (WEN) initiated with a Market Perform at Wells Fargo
- Burger King (BKW) initiated with a Market Perform at Wells Fargo
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The solid report comes a month after the retailer closed all of its Canadian operations.
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