Analyst calls: Citigroup initiated with a 'buy'
Roche is upgraded to 'overweight,' while Novartis is downgraded to 'equal weight.'
Friday's noteworthy upgrades include:
- McDonald's (MCD) upgraded to Buy from Neutral at Janney Capital
- Melco Crown (MPEL) upgraded to Overweight from Neutral at JPMorgan
- Syngenta (SYT) upgraded to Neutral from Underweight at JPMorgan
- Roche (RHHBY) upgraded to Overweight from Equal Weight at Morgan Stanley
- Aetna (AET) upgraded to Overweight from Neutral at JPMorgan
- athenahealth (ATHN) upgraded to Outperform from Market Perform at Leerink
- AvalonBay (AVB) downgraded to Hold from Buy at Cantor
- Regal Entertainment (RGC) downgraded to Neutral from Overweight at Piper Jaffray
- Toronto-Dominion (TD) downgraded to Sector Performer from Outperformer at CIBC
- Novartis (NVS) downgraded to Equal Weight from Overweight at Morgan Stanley
- Prudential (PRU) downgraded to Hold from Buy at Sandler O'Neill
- 3D Systems (DDD) initiated with a Buy at BB&T
- Alexion (ALXN) initiated with a Neutral at Citigroup
- Capital One (COF) initiated with a Buy at Janney Capital
- Danaher (DHR) initiated with an Outperform at BMO Capital
- Fiserv (FISV) initiated with a Buy at Jefferies
- Bank of America (BAC) initiated with a Neutral at SunTrust
- Citigroup (C) initiated with a Buy at SunTrust
- Goldman Sachs (GS) initiated with a Neutral at SunTrust
- JPMorgan (JPM) initiated with a Buy at SunTrust
- PNC Financial (PNC) initiated with a Buy at SunTrust
- U.S. Bancorp (USB) initiated with a Neutral at SunTrust
- Wells Fargo (WFC) initiated with a Neutral at SunTrust
- Lennar (LEN) initiated with a Hold at Topeka
- Microchip (MCHP) initiated with a Buy at Needham
- Oracle (ORCL) initiated with a Neutral at Wedbush
- Bed Bath & Beyond (BBBY) initiated with a Buy at Standpoint Research
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All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
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