Analyst calls: Wal-Mart upgraded

Kraft is upgraded to 'buy,' while Progressive is downgraded to 'neutral.'

By MSN Money Partner Aug 6, 2012 11:40AM
Information provided by Theflyonthewall.com  

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
Downgrades:
  • Chesapeake (CHK) downgraded to Market Perform from Outperform at BMO Capital 
  • Edwards Lifesciences (EW) downgraded to Outperform from Top Pick at RBC Capital
  • Progressive (PGR) downgraded to Neutral from Outperform at Credit Suisse 
Upgrades:
  • Beazer Homes (BZH) upgraded to Market Perform from Underperform at Wells Fargo  
  • Kraft Foods (KFT) upgraded to Buy from Hold at Jefferies 
  • Regions Financial (RF) upgraded to Buy from Neutral at BofA/Merrill
  • Wal-Mart (WMT) upgraded to Buy from Hold at Stifel Nicolaus
 





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