Analyst calls: Intuitive Surgical downgraded
Hewlett-Packard is upgraded to 'buy,' and IBM is downgraded to 'neutral.'
Tuesday's noteworthy upgrades include:
- Hewlett-Packard (HPQ) upgraded to Buy from Hold at Brean Capital
- Siemens (SI) upgraded to Hold from Sell at Deutsche Bank
- Royal Bank of Scotland (RBS) upgraded to Buy from Neutral at Goldman
- Acuity Brands (AYI) downgraded to Hold from Buy at Canaccord
- DuPont (DD) downgraded to Neutral from Outperform at Macquarie
- Helmerich & Payne (HP) downgraded to Hold from Buy at Jefferies
- IBM (IBM) downgraded to Neutral from Buy at Goldman
- Intuitive Surgical (ISRG) downgraded to Neutral from Buy at Goldman, and to Market Perform at JMP Securities
- Ryder (R) downgraded to Hold from Buy at BB&T
- Zions Bancorp (ZION) downgraded to Sector Perform from Outperform at RBC Capital
- Estee Lauder (EL) downgraded to Underperform from Outperform at CLSA
- Canadian National (CNI) downgraded to Sector Performer at CIBC
- SunTrust (STI) downgraded to Market Perform from Outperform at BMO Capital
- Wells Fargo (WFC) downgraded at Susquehanna
- Quest Diagnostics (DGX) downgraded at Morgan Stanley
- Barrick Gold (ABX) downgraded to Hold from Buy at Stifel
- Atlas Resource Partners (ARP) initiated with a Neutral at JPMorgan
- Seagate (STX) initiated with a Neutral at Piper Jaffray
- Vantiv (VNTV) initiated with a Buy at Janney Capital
- Western Digital (WDC) initiated with an Overweight at Piper Jaffray
- Calumet Specialty Products (CLMT) initiated with an In-Line at Imperial Capital
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These ETFs are benchmarked to extremely out-of-favor foreign markets that most investors would quickly pass over. Whoever said being a contrarian was easy?
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