Analyst calls: Big Lots downgraded at 3 firms

Tyson Foods is upgraded to 'outperform,' and LinkedIn is initiated with an 'overweight.'

By MSN Money Partner Apr 24, 2012 11:03AM
Information provided by Theflyonthewall.com

Tuesday's noteworthy upgrades include:  
  • AutoZone (AZO) upgraded to Overweight from Neutral at JPMorgan
  • O'Reilly Automotive (ORLY) upgraded to Neutral from Underweight at JPMorgan
  • Canadian National (CNI) upgraded to Buy from Hold at Canaccord
  • Tyson Foods (TSN) upgraded to Outperform from Market Perform at BMO Capital
  • Netflix (NFLX) upgraded to Outperform from Sector Perform at Pacific Crest
  • Brinker (EAT) upgraded to Neutral from Underperform at Sterne Agee
Tuesday's noteworthy downgrades include:  
  • AvalonBay (AVB) downgraded to Market Perform from Outperform at Keefe Bruyette
  • Big Lots (BIG) downgraded to Hold from Buy at Deutsche Bank, to Market Perform from Strong Buy at Raymond James, and to Neutral from Buy at MKM Partners
  • Chipotle (CMG) downgraded to Neutral from Outperform at Credit Suisse
  • Clearwire (CLWR) downgraded to Hold from Buy at Jefferies
  • Lan Airlines (LFL) downgraded to Hold from Buy at Deutsche Bank
  • Roper Industries (ROP) downgraded to Neutral from Outperform at RW Baird
Tuesday's noteworthy initiations include:  
  • Concho Resources (CXO) initiated with a Buy at Societe Generale
  • Continental Resources (CLR) initiated with a Buy at Societe Generale
  • Range Resources (RRC) initiated with a Buy at Societe Generale
  • Fresenius Medical (FMS) initiated with an Overweight at HSBC
  • LinkedIn (LNKD) initiated with an Overweight at Piper Jaffray
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