Analyst calls: Yum upgraded at Goldman
BP is downgraded to 'hold,' and Costco is initiated with 'market perform.'
Wednesday's noteworthy upgrades include:
- OpenTable (OPEN) upgraded to Overweight from Neutral at Piper Jaffray
- Yum Brands (YUM) upgraded to Neutral from Sell at Goldman
- Plains Exploration (PXP) upgraded to Positive from Neutral at Susquehanna
- Magellan Midstream (MMP) upgraded to Buy from Neutral at Ladenburg
- OpenTable (OPEN) downgraded to Neutral from Outperform at Credit Suisse, and to Perform from Outperform at Oppenheimer
- BP (BP) downgraded to Hold from Buy at Societe Generale
- Annaly Capital (NLY) downgraded to Market Perform from Outperform at FBR Capital
- Denbury Resources (DNR) downgraded to Neutral from Positive at Susquehanna
- Morgan Stanley (MS) downgraded to Hold from Buy at Collins Stewart
- Buffalo Wild Wings (BWLD) downgraded to Market Perform at Raymond James
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With the universe of this category in its seasonal sweet spot, these picks have tailwinds propelling them into the new year.
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