Analyst calls: Heinz downgraded
AB InBev is upgraded to 'buy,' and Colgate-Palmolive is initiated with a 'sell.'
Thursday's noteworthy upgrades include:
- Aruba Networks (ARUN) upgraded to Overweight from Equal Weight at Morgan Stanley
- Comcast (CMCSA) upgraded to Outperform from Sector Perform at RBC Capital
- Rackspace (RAX) upgraded to Outperform from Market Perform at Raymond James
- Verizon (VZ) upgraded to Outperform from Market Perform at Raymond James
- Saks (SKS) upgraded to Outperform from Underperform at CLSA
- AB InBev (BUD) upgraded to Buy from Hold at Societe Generale
- Valero Energy (VLO) upgraded to Outperform from Neutral at Macquarie
- Dell (DELL) downgraded to Hold from Buy at Brean Capital
- Delta Air Lines (DAL) downgraded to Underweight from Equal Weight at Evercore
- Medtronic (MDT) downgraded to Neutral from Buy at Lazard Capital
- Time Warner Cable (TWC) downgraded to Sector Perform from Outperform at RBC Capital
- TripAdvisor (TRIP) downgraded to Equal Weight from Overweight at Morgan Stanley
- CenturyLink (CTL) downgraded to Neutral from Buy at Citigroup
- Cliffs Natural (CLF) downgraded to Fair Value from Buy at CRT Capital
- Heinz (HNZ) downgraded to Hold from Buy at Deutsche Bank
- Dendreon (DNDN) downgraded to Sell from Hold at Maxim
- NVIDIA (NVDA) downgraded to Hold from Buy at Needham
- Lockheed Martin (LMT) downgraded to Neutral from Outperform at Cowen
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Investors are anxious to see if hiring can maintain its strong pace in the second half of the year.
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