Analyst calls: Groupon upgraded

Cliffs Natural is downgraded to 'hold,' and Darden is initiated with an 'underperform.'

By MSN Money Partner Feb 13, 2013 1:13PM
fly logostockmarket comstockInformation provided by Theflyonthewall.com

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
Wednesday's noteworthy downgrades include:
  • 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
Wednesday's noteworthy initiations include:
  • 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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