Analyst calls: Groupon upgraded
Cliffs Natural is downgraded to 'hold,' and Darden is initiated with an 'underperform.'
Wednesday's noteworthy upgrades include:
- Avon Products (AVP) upgraded to Neutral from Sell at UBS, and to Buy from Neutral at B. Riley Caris
- Comcast (CMCSA) upgraded to Outperform from Neutral at Credit Suisse
- Groupon (GRPN) upgraded to Buy from Neutral at Sterne Agee
- Molina Healthcare (MOH) upgraded to Buy from Neutral at BofA/Merrill
- Philip Morris (PM) upgraded to Neutral from Reduce at Nomura
- Buckeye Partners (BPL) upgraded to Buy from Hold at Argus
- Clearwire (CLWR) downgraded to Underperform from Market Perform at Raymond James
- Cliffs Natural (CLF) downgraded to Hold from Buy at Deutsche Bank
- Fossil (FOSL) downgraded to Underperform from Market Perform at FBR Capital, and to Outperform from Buy at CLSA
- Gartner (IT) downgraded to Equal Weight from Overweight at Barclays
- Heinz (HNZ) downgraded to Neutral from Buy at UBS
- Wellpoint (WLP) downgraded to Neutral from Buy at Monness Crespi
- Dell (DELL) downgraded to Hold from Buy at Maxim
- Kosmos (KOS) downgraded to Accumulate from Buy at Global Hunter
- Rackspace (RAX) downgraded to Hold from Buy at Stifel Nicolaus
- Darden (DRI) initiated with an Underperform at CLSA
- Fortune Brands (FBHS) initiated with an Overweight at Barclays
- Piedmont Natural Gas (PNY) initiated with a Market Perform at Wells Fargo
- Pioneer Natural (PXD) initiated with an Outperform at Credit Suisse
- SandRidge Energy (SD) initiated with a Neutral at Credit Suisse
- USG (USG) initiated with an Overweight at Barclays
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4 analysts downgrade the stock the day after a disappointing quarterly report.
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