Analyst calls: Citigroup upgraded
Seagate is upgraded to 'overweight,' while T. Rowe Price is downgraded to 'sell.'
Wednesday's noteworthy upgrades include:
- Citigroup (C) upgraded to Outperform from Market Perform at Wells Fargo
- First Horizon (FHN) upgraded to Outperform from Market Perform at Wells Fargo
- Archer Daniels (ADM) upgraded to Outperform from Market Perform at BMO Capital
- Eli Lilly (LLY) upgraded to Neutral from Sell at MKM Partners
- Seagate (STX) upgraded to Overweight from Equal Weight at Barclays
- T. Rowe Price (TROW) downgraded to Sell from Neutral at Citigroup, and to Neutral from Overweight at JP Morgan
- Zimmer (ZMH) downgraded to Neutral from Buy at UBS
- Sunoco (SUN) downgraded to Equal Weight from Overweight at Barclays
- Monster Worldwide (MWW) downgraded to Perform from Outperform at Oppenheimer
- Stryker (SYK) downgraded to Market Perform from Outperform at BMO Capital
- Becton Dickinson (BDX) downgraded to Outperform from Buy at CLSA
- Wendy's (WEN) downgraded to Neutral from Buy at Roth Capital
- Mattel (MAT) downgraded to Above Average from Buy at Caris
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After Tuesday's rally, expect a big raid no matter the news. That's probably the safest way to play it ahead of the Fed.
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