Analyst calls: US Airways downgraded
SINA is upgraded to 'buy,' and Cree is downgraded to 'market perform.'
Wednesday's noteworthy upgrades include:
- Cullen/Frost (CFR) upgraded to Market Perform from Underperform at Raymond James
- GlaxoSmithKline (GSK) upgraded to Neutral from Underweight at JPMorgan
- Hovnanian (HOV) upgraded to Buy from Neutral at UBS
- Marvell (MRVL) upgraded to Buy from Neutral at B. Riley
- Royal Dutch Shell (RDS.A) upgraded to Overweight from Equal Weight at Barclays
- SINA (SINA) upgraded to Buy from Sell at Citigroup
- Statoil (STO) upgraded to Overweight from Equal Weight at Barclays
- Delta Air Lines (DAL) downgraded to Neutral from Overweight at JPMorgan
- EV Energy (EVEP) downgraded to Sector Perform from Outperform at RBC Capital
- Ensco (ESV) downgraded to Neutral from Buy at ISI Group
- Noble Corp. (NE) downgraded to Buy from Strong Buy at ISI Group
- Transocean (RIG) downgraded to Neutral from Strong Buy at ISI Group
- US Airways (LCC) downgraded to Neutral from Overweight at JPMorgan
- Western Union (WU) downgraded to Underweight from Neutral at JPMorgan
- Electronic Arts (EA) downgraded to Underperform from Neutral at Hilliard Lyons
- Cree (CREE) downgraded to Market Perform from Outperform at Northland Securities
- Myriad Genetics (MYGN) downgraded to Market Perform from Outperform at Cowen
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The solid report comes a month after the retailer closed all of its Canadian operations.
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