Analyst calls: Baidu downgraded
Zynga is upgraded to 'buy,' and Yum Brands is downgraded to 'neutral.'
- Baidu (BIDU) downgraded to Market Perform from Outperform at Raymond James
- KB Home (KBH) downgraded to Equal Weight from Overweight at Barclays
- Toll Brothers (TOL) downgraded to Underweight from Equal Weight at Barclays
- Yum! Brands (YUM) downgraded to Neutral from Outperform at RW Baird
- Constellation Brands (STZ) downgraded to Hold from Buy at Stifel Nicolaus
- Bed Bath & Beyond (BBBY) upgraded to Buy from Neutral at Citigroup
- Macy's (M) upgraded to Buy from Neutral at Citigroup
- Marvell (MRVL) upgraded to Outperform from Sector Perform at RBC Capital
- Target (TGT) upgraded to Buy from Neutral at Citigroup
- Zynga (ZNGA) upgraded to Buy from Neutral at BofA/Merril
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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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