Analyst calls: Sprint upgraded to 'overweight'

Hewlett-Packard is downgraded to 'hold,' and Facebook is initiated with an 'outperform.'

By MSN Money Partner Jun 1, 2012 10:57AM
Information provided by Theflyonthewall.com

Friday's noteworthy upgrades include:  
  • BlackRock (BLK) upgraded to Buy from Neutral at Goldman
  • Blackstone (BX) upgraded to Conviction Buy from Buy at Goldman
  • Clorox (CLX) upgraded to Buy from Neutral at Citigroup
  • HollyFrontier (HFC) upgraded to Buy from Neutral at UBS
  • Lions Gate (LGF) upgraded to Outperform from Sector Perform at RBC Capital
  • Nordstrom (JWN) upgraded to Buy from Neutral at Nomura
  • Sprint (S) upgraded to Overweight from Neutral at JPMorgan
  • Tesoro (TSO) upgraded to Buy from Neutral at UBS
  • Zynga (ZNGA) upgraded to Neutral from Underperform at Sterne Agee
  • TiVo (TIVO) upgraded to Buy from Above Average at Caris
  • MGM Resorts (MGM) upgraded to Outperform from Neutral at Macquarie
Friday's noteworthy downgrades include:  
  • Apollo Global (APO) downgraded to Neutral from Buy at Goldman
  • Hewlett-Packard (HPQ) downgraded to Hold from Buy at Jefferies
  • TSMC (TSM) downgraded to Underperform from Hold at Jefferies
  • Kohl's (KSS) downgraded to Neutral from Overweight at Atlantic Equities
Friday's noteworthy initiations include:  
  • Domino's Pizza (DPZ) initiated with a Neutral at Goldman
  • Nordstrom (JWN) initiated with an Outperform at RBC Capital
  • Facebook (FB) initiated with an Outperform at RW Baird
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