Analyst calls: Tesla downgraded
Krispy Kreme is upgraded to 'buy,' and Juniper is downgraded to 'sector perform.'
Monday's noteworthy upgrades include:
- CEMEX (CX) upgraded to Buy from Neutral at Citigroup
- Cablevision (CVC) upgraded to Buy from Neutral at Guggenheim
- F5 Networks (FFIV) upgraded to Overweight from Equal Weight at Barclays
- Health Care REIT (HCN) upgraded to Market Perform from Underperform at BMO Capital
- ING Group (ING) upgraded to Buy from Hold at Deutsche Bank
- Krispy Kreme (KKD) upgraded to Buy from Neutral at Janney Capital
- LinkedIn (LNKD) upgraded to Buy from Hold at Needham
- Lowe's (LOW) upgraded to Hold from Sell at Canaccord
- BlackBerry (BBRY) upgraded to Hold from Sell at Hudson Square
- NetApp (NTAP) upgraded to Neutral from Underperform at RW Baird
- T-Mobile (TMUS) upgraded to Perform from Underperform at Oppenheimer
- Broadcom (BRCM) downgraded to Neutral from Buy at Goldma
- EV Energy (EVEP) downgraded to Perform from Outperform at Oppenheimer
- Juniper (JNPR) downgraded to Sector Perform from Outperform at RBC Capital
- Royal Dutch Shell (RDS.A) downgraded to Perform from Outperform at Oppenheimer
- Tesla (TSLA) downgraded on less attractive risk/reward at Lazard Capital
- NRG Yield (NYLD) initiated with a Neutral at Goldman
- Ralph Lauren (RL) coverage resumed with a Neutral at Goldman
- TransAlta (TAC) coverage resumed with a Market Perform at BMO Capital
- PVH Corp. (PVH) coverage resumed with a Buy at Goldman
- AbbVie (ABBV) initiated with a Buy at Argus
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Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
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