Analyst calls: Apple upgraded
General Electric is downgraded to 'neutral,' and McDonald's is downgraded to 'outperform.'
Monday's noteworthy upgrades include:
- BHP Billiton (BHP) upgraded to Overweight from Neutral at HSBC
- Beazer Homes (BZH) upgraded to Outperform from Neutral at Credit Suisse
- First Horizon (FHN) upgraded to Neutral from Sell at Compass Point
- Hess Corp. (HES) upgraded to Overweight from Equal Weight at Barclays
- Johnson Controls (JCI) upgraded to Outperform from Neutral at RW Baird
- Skechers (SKX) upgraded to Buy from Hold at BB&T
- USG (USG) upgraded to Neutral from Underperform at Credit Suisse
- Netflix (NFLX) upgraded to Neutral from Sell at B. Riley
- Apple (AAPL) upgraded to Buy from Hold at BGC Partners
- Barrick Gold (ABX) downgraded to Hold from Buy at Deutsche Bank
- Ericsson (ERIC) downgraded to Sell from Hold at Societe Generale
- General Electric (GE) downgraded to Neutral from Overweight at JPMorgan
- Kinross Gold (KGC) downgraded to Hold from Buy at Deutsche Bank
- Newmont Mining (NEM) downgraded to Sell from Hold at Deutsche Bank
- VMware (VMW) downgraded to Underperform from Buy at CLSA
- Carnival (CCL) downgraded to Neutral from Buy at Nomura
- Baker Hughes (BHI) downgraded to Sell from Hold at Argus
- Under Armour (UA) downgraded to Neutral from Buy at Buckingham
- McDonald's (MCD) downgraded to Outperform from Buy at CLSA
- Kimberly Clark (KMB) downgraded to Neutral from Buy at BofA/Merrill
- Verizon (VZ) downgraded to Neutral from Outperform at Macquarie
- Alkermes (ALKS) downgraded to Neutral from Buy at Lazard Capital
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These companies won't soar like other plays in the sector, but they make for great income sources.
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