Analyst calls: Citigroup upgraded

Seagate is upgraded to 'overweight,' while T. Rowe Price is downgraded to 'sell.'

By MSN Money Partner Feb 1, 2012 12:00PM
Information provided by Theflyonthewall.com

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
Wednesday's noteworthy downgrades include:
  • 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
Wednesday's noteworthy initiations include:
  • Blackstone (BX) initiated with a Buy at Deutsche Bank
  • Jack in the Box (JACK) initiated with a Buy at Lazard Capital
  • AvalonBay (AVB) initiated with a Buy at Cantor
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