Analyst calls: PepsiCo upgraded to 'overweight'
Carnival is downgraded to 'neutral' at Goldman, and Annie's is initiated at several firms.
Monday's noteworthy upgrades include:
- PepsiCo (PEP) upgraded to Overweight from Equal Weight at Morgan Stanley
- Dr Pepper Snapple (DPS) upgraded to Equal Weight from Underweight at Morgan Stanley
- Lear (LEA) upgraded to Overweight from Underweight at Morgan Stanley
- Lowe's (LOW) upgraded to Overweight from Equal Weight at Morgan Stanley
- Honda (HMC) upgraded to Outperform from Neutral at Credit Suisse
- Illumina (ILMN) upgraded to Outperform from Neutral at Credit Suisse
- Madison Square Garden (MSG) upgraded to Buy from Hold at Stifel Nicolaus
- Newell Rubbermaid (NWL) upgraded to Outperform from Perform at Oppenheimer
- NVIDIA (NVDA) upgraded to Buy from Neutral at Nomura
- Priceline.com (PCLN) upgraded to Neutral from Reduce at Nomura
- Conn's (CONN) upgraded to Buy from Neutral at SunTrust
- Alliant Energy (LNT) downgraded to Hold from Buy at Wunderlich
- Carnival (CCL) downgraded to Neutral from Buy at Goldman
- MercadoLibre (MELI) downgraded to Sell from Hold at Stifel Nicolaus
- Murphy Oil (MUR) downgraded to Hold from Buy at Brean Murray
- Procter & Gamble (PG) downgraded to Market Perform from Outperform at Wells Fargo
- First Solar (FSLR) downgraded to Hold from Buy at Argus
- Annie's (BNNY) initiated with a Hold at Canaccord, and with an Outperform at RBC Capital, and with an Outperform at William Blair, and with an Overweight at JPMorgan
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Longtime market bull Jeremy Siegel says investors could realize the market is behind the curve on interest rates.
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