Analyst calls: Apple upgraded

BlackBerry is downgraded to 'sell,' and Best Buy is initiated with an 'outperform.'

By MSN Money Partner Jul 1, 2013 10:55AM
fly logocomstockInformation provided by Theflyonthewall.com

Monday's noteworthy upgrades include:
  • Intercontinental Hotels (IHG) upgraded to Buy from Hold at Deutsche Bank
  • Nokia (NOK) upgraded to Overweight from Underweight at JPMorgan
  • Pandora (P) upgraded to Overweight from Equal Weight at Morgan Stanley
  • Regeneron (REGN) upgraded to Overweight from Neutral at Piper Jaffray
  • YRC Worldwide (YRCW) upgraded to Buy from Hold at BB&T
  • PetroChina (PTR) upgraded to Overweight from Equal Weight at Morgan Stanley
  • Intuit (INTU) upgraded at Raymond James
  • MGM Resorts (MGM) upgraded to Buy from Neutral at Janney Capital
  • Steel Dynamics (STLD) upgraded to Outperform from Market Perform at Wells Fargo
  • Tyco (TYC) upgraded  at Morgan Stanley
  • Abbott (ABT) upgraded to Outperform from Neutral at Cowen
  • Big Lots (BIG) upgraded to Buy from Neutral at MKM Partners
  • F5 Networks (FFIV) upgraded to Buy from Hold at Needham
  • Apple (AAPL) upgraded to a Strong Buy from Outperform at Raymond James
  • Marvell (MRVL) upgraded to Buy from Neutral at Lazard Capital
Monday's noteworthy downgrades include:
  • 3M Company (MMM) downgraded to Equal Weight from Overweight at Morgan Stanley
  • Banco Bilbao (BBVA) downgraded to Underweight from Neutral at JPMorgan
  • BlackBerry (BBRY) downgraded to Sell from Hold at Deutsche Bank, and to Equal Weight from Overweight at Morgan Stanley
  • HollyFrontier (HFC) downgraded to Underweight from Neutral at JPMorgan
  • Marathon Petroleum (MPC) downgraded to Underweight from Neutral at JPMorgan
  • Valero Energy (VLO) downgraded to Underweight from Neutral at JPMorgan
  • AK Steel (AKS) downgraded to Market Perform from Outperform at Wells Fargo
  • Barrick Gold (ABX) downgraded to Underperform from Market Perform at BMO Capital
  • Broadcom (BRCM) downgraded to Neutral from Buy at Lazard Capital
Monday's noteworthy initiations include:
  • Best Buy (BBY) initiated with an Outperform at Credit Suisse
  • News Corp. (NWSA) initiated with an Outperform at Wells Fargo
  • Regal-Beloit (RBC) initiated with a Neutral at Goldman
  • Inland Real Estate (IRC) initiated with a Neutral at BofA/Merrill
  • Express Scripts (ESRX) initiated with a Buy at Monness Crespi
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