Analyst calls: Wendy's downgraded
SunPower is initiated with an 'outperform,' and Deutsche Bank is downgraded to 'sell.'
Friday's noteworthy upgrades include:
- Aflac (AFL) upgraded to Overweight from Equal Weight at Evercore
- Alcatel-Lucent (ALU) upgraded to Market Perform from Underperform at Bernstein
- Illumina (ILMN) upgraded to Buy from Neutral at UBS
- Intuitive Surgical (ISRG) upgraded to Buy from Hold at Cantor
- Target (TGT) upgraded to Outperform from Market Perform at Wells Fargo
- Telefonica (TEF) upgraded to Equal Weight from Underweight at Barclays
- Priceline.com (PCLN) upgraded to Buy from Neutral at Lazard Capital
- AIG (AIG) downgraded to Equal Weight from Overweight at Evercore
- Darden (DRI) downgraded to Neutral from Buy at UBS
- Deutsche Bank (DB) downgraded to Sell from Neutral at Goldman
- Duke Energy (DUK) downgraded to Hold from Buy at Deutsche Bank
- Health Care REIT (HCN) downgraded to Underperform from Market Perform at BMO Capital
- Royal Bank of Scotland (RBS) downgraded to Hold from Buy at Societe Generale
- Wendy's (WEN) downgraded to Underweight from Equal Weight at Morgan Stanley
- Cablevision (CVC) downgraded to Hold from Buy at Wunderlich
- Visa (V) downgraded to Hold from Buy at Argus
- First Solar (FSLR) initiated with an Underperform at Northland Securities
- SunPower (SPWR) initiated with an Outperform at Northland Securities
- Tesla (TSLA) initiated with an Outperform at Northland Securities
- FedEx (FDX) initiated with an Outperform at Macquarie
- UPS (UPS) initiated with an Outperform at Macquari
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Stocks are facing some serious resistance as the bears tear into the market's respite.
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