Analyst calls: J.C. Penney upgraded
AMC Networks is upgraded to 'outperform,' and Deere is downgraded to 'neutral.'
Information provided by Theflyonthewall.com
Friday's noteworthy upgrades include:
- AMC Networks (AMCX) upgraded to Outperform from Neutral at Macquarie
- Accenture (ACN) upgraded to Outperform from Neutral at RW Bair
- Beam (BEAM) upgraded to Outperform from Underperform at CLSA
- Cisco (CSCO) upgraded to Neutral from Underweight at JPMorgan
- Heartware (HTWR) upgraded to Outperform from Neutral at Credit Suisse
- J.C. Penney (JCP) upgraded to Neutral from Sell at Northcoast
- Potash (POT) upgraded to Buy from Hold at BGC Financial
Friday's noteworthy downgrades include:
- Caterpillar (CAT) downgraded to Buy from Strong Buy at ISI Group
- Deere (DE) downgraded to Neutral from Buy at ISI Group and to Sell from Neutral at USB
- Gap (GPS) downgraded to Neutral from Positive at Susquehanna
- Merrimack (MACK) downgraded to Neutral from Buy at BofA/Merill
- Orbitz (OWW) downgraded to Neutral from Buy at Lazard Capital
- Transocean (RIG) downgraded to Neutral from Buy at Global Hunter
Friday's noteworthy initiations include:
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The stock rises 9% after the company reveals strong second-quarter results.
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