Analyst calls: Wal-Mart upgraded
Kraft is upgraded to 'buy,' while Progressive is downgraded to 'neutral.'
|Monday's noteworthy initiations: |
- Apollo Residential Mortgage (AMTG) initiated with an Outperform at JMP Securities
- Echo Therapeutics (ECTE) initiated with a Buy at Ascendiant
- Capital CVR Energy (CVI) initiated with a Neutral from Not-Rated at Goldman
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'We're not exactly in a uniformly strong market,' says the notably pessimistic newsletter publisher.
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