Analyst calls: Expedia downgraded
Tata Motors is upgraded to 'conviction buy,' and Francesca's is downgraded to 'neutral.'
Monday's noteworthy upgrades include:
- Cabot Oil & Gas (COG) upgraded to Outperform from Perform at Oppenheimer
- D.R. Horton (DHI) upgraded to Buy from Fair Value at CRT Capital
- Hormel Foods (HRL) upgraded to Outperform from Neutral at Credit Suisse
- Range Resources (RRC) upgraded to Outperform from Perform at Oppenheimer
- WESCO (WCC) upgraded to Buy from Hold at Wunderlich
- Tata Motors (TTM) upgraded to Conviction Buy from Buy at Goldman
- Warner Chilcott (WCRX) upgraded to Outperform from Market Perform at Leerink
- BNY Mellon (BK) upgraded to Buy from Neutral at Guggenheim
- Air Products (APD) downgraded to Hold from Buy at Jefferies
- Lear (LEA) downgraded to Neutral from Buy at UBS
- Microsoft (MSFT) downgraded to Neutral from Overweight at Atlantic Equities
- RF Micro Devices (RFMD) downgraded to Equal Weight from Overweight at Barclays
- T. Rowe Price (TROW) downgraded to Sector Perform from Outperform at RBC Capital
- Whole Foods (WFM) downgraded to Hold from Buy at Cantor
- Onyx Pharmaceuticals (ONXX) downgraded to Neutral from Outperform at RW Baird
- Expedia (EXPE) downgraded to Neutral from Buy at Lazard Capital
- Noble Energy (NBL) downgraded to Neutral from Buy at BofA/Merrill
- Fortinet (FTNT) downgraded to Market Perform from Outperform at Northland Securities
- ING Group (ING) downgraded to Neutral from Buy at BTIG
- Francesca's (FRAN) downgraded to Neutral from Outperform at Wedbush
- Riverbed (RVBD) downgraded to Market Perform from Outperform at Northland Securities
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The idea of US crude being a shelter from turmoil abroad may not be as far fetched as it seems.
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