Analyst calls: Demand Media downgraded

Las Vegas Sands is upgraded to 'buy,' and Francesca's is initiated with an 'outperform.'

By MSN Money Partner Jun 25, 2013 12:04PM
fly logocomstockInformation provided by Theflyonthewall.com

Tuesday's noteworthy upgrades include:
  • CEMEX (CX) upgraded to Overweight from Equal Weight at Morgan Stanley
  • CME Group (CME) upgraded to Neutral from Underweight at JPMorgan
  • Kinder Morgan Energy (KMP) upgraded to Buy from Neutral at BofA/Merrill
  • Marvell (MRVL) upgraded to Buy from Hold at Brean Capital
  • Royal Dutch (RDS.A) upgraded to Neutral from Underperform at Exane BNP Paribas
  • Valero Energy (VLO) upgraded to Neutral from Sell at Goldman
  • Plains All American (PAA) upgraded to Buy from Neutral at Ladenburg
  • Las Vegas Sands (LVS) upgraded to Buy from Hold at Craig-Hallum
Tuesday's noteworthy downgrades include:
  • Agilent (A) downgraded to Neutral from Buy at Goldman
  • Allergan (AGN) downgraded to Market Perform from Outperform at Wells Fargo
  • Demand Media (DMD) downgraded to Hold from Buy at Stifel
  • Coach (COH) downgraded to Neutral from Buy at Lazard Capital
  • Netflix (NFLX) downgraded to Underperform from Market Perform at Bernstein
Tuesday's noteworthy initiations include:
  • Becton Dickinson (BDX) initiated with a Buy at ISI Group
  • Francesca's (FRAN) initiated with an Outperform at William Blair
  • Michael Kors (KORS) initiated with a Buy at Deutsche Bank
  • Nike (NKE) initiated with a Buy at Deutsche Bank
  • Ralph Lauren (RL) initiated with a Buy at Deutsche Bank
  • Under Armour (UA) initiated with a Hold at Deutsche Bank
  • Lululemon (LULU) initiated with a Hold at Deutsche Bank
  • Ross Stores (ROST) initiated with a Buy at Maxim
  • Urban Outfitters (URBN) initiated with a Hold at Maxim
  • Nordstrom (JWN) initiated with a Buy at Maxim
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