Analyst calls: Akamai downgraded
Yahoo is upgraded to 'buy,' and Johnson & Johnson is downgraded to 'underperform.'
Thursday's noteworthy upgrades include:
- BlackBerry (BBRY) upgraded to Outperform from Market Perform at Wells Fargo
- DeVry (DV) upgraded to Neutral from Underweight at JPMorgan
- Molycorp (MCP) upgraded to Neutral from Underweight at JPMorgan
- Owens Corning (OC) upgraded to Buy from Neutral at Longbow
- Reliance Steel (RS) upgraded to Buy from Hold at Dahlman Rose
- Vipshop (VIPS) upgraded to Buy from Hold at Deutsche Bank
- Yandex (YNDX) upgraded to Overweight from Neutral at HSBC
- Yahoo (YHOO) upgraded to Buy from Hold at Pivotal Research
- Time Warner (TWX) upgraded to Outperform from Neutral at Wedbush
- Usana (USNA) upgraded to Neutral from Underperform at Wedbush
Thursday's noteworthy downgrades include:
- Akamai (AKAM) downgraded to Hold from Buy at Jefferies, and to Neutral from Buy at Janney Capital
- Apollo Investment (AINV) downgraded to Market Perform from Outperform at Wells Fargo
- Elan (ELN) downgraded to Sector Perform from Outperform at RBC Capital
- Visa (V) downgraded to Market Perform from Outperform at Wells Fargo
- Google (GOOG) downgraded to Hold from Buy at Pivotal Research
- Johnson & Johnson (JNJ) downgraded to Underperform from Neutral at Credit Suisse
- Viacom (VIAB) downgraded to Neutral from Outperform at Wedbush
Thursday's noteworthy initiations include:
- Google (GOOG) initiated with a Neutral at Sterne Agee
- Optimer (OPTR) initiated with an Outperform at RW Baird
- ValueClick (VCLK) initiated with a Buy at Goldman
- Pfizer (PFE) reinstated with a Neutral at Credit Suisse
- AbbVie (ABBV) initiated with a Neutral at Credit Suisse
- Fusion-io (FIO) initiated with a Neutral at Janney Capital
- Mellanox (MLNX) initiated with a Buy at Janney Capital
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