Analyst calls: Wendy's upgraded
Sprint is both upgraded and downgraded, and FedEx is initiated with a 'buy.'
Friday's noteworthy upgrades include:
- Alaska Air (ALK) upgraded to Equal Weight from Underweight at Morgan Stanley
- Alpha Natural (ANR) upgraded to Buy from Hold at Deutsche Bank
- F5 Networks (FFIV) upgraded to Overweight from Neutral at Piper Jaffray
- Hormel Foods (HRL) upgraded to Outperform from Market Perform at BMO Capital
- Sprint (S) upgraded to Strong Buy from Buy at Janco
- Wendy's (WEN) upgraded to Outperform from Market Perform at BMO Capital
- Sprint (S) downgraded to Neutral from Overweight at JPMorgan
- Kroger (KR) downgraded to Sell from Neutral at Goldman
- Discovery (DISCA) downgraded to Neutral from Buy at B. Riley
- Red Robin (RRGB) downgraded to Market Perform from Outperform at BMO Capital
- Dollar General (DG) initiated with a Neutral at Goldman
- Magnum Hunter (MHR) reinstated with an Equal Weight at Stephens
- News Corp. (NWSA) initiated with a Neutral at BofA/Merrill
- OpenTable (OPEN) initiated with a Sector Perform at RBC Capital
- Yelp (YELP) initiated with a Buy at Needham
- Federal Realty (FRT) initiated with a Neutral at SunTrust
- General Growth (GGP) initiated with a Buy at SunTrust
- Kimco Realty (KIM) initiated with a Neutral at SunTrust
- Public Storage (PSA) initiated with a Neutralinitiated with a Neutral at SunTrust
- Eaton (ETN) initiated with a Buy at Argus
- Hain Celestial (HAIN) initiated with an Outperform at Imperial Capital
- Navistar (NAV) initiated with a Buy at Buckingham
- FedEx (FDX) initiated with a Buy at Wunderlich
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