Analyst calls: RadioShack upgraded
Apple initiated with 'neutral,' and Netflix downgraded to 'underperform.'
Tuesday's noteworthy initiations include:
- Apple (AAPL) initiated with a Neutral at Nomura
- Caterpillar (CAT) initiated with a Neutral at Piper Jaffray
- Cisco (CSCO) initiated with a Buy at Buckingham
- Dell (DELL) initiated with a Sell at Citigroup
- Hewlett-Packard (HPQ) initiated with a Sell at Citigroup
- IBM (IBM) initiated with a Buy at Citigroup
Tuesday's noteworthy upgrades include:
- Eli Lilly (LLY) upgraded to Neutral from Sell at Goldman
- RadioShack (RSH) upgraded to Buy from Underperform at BofA/Merrill
- Primero Mining (PPP) upgraded to Outperform from Neutral at Macquarie
- DirecTV (DTV) downgraded to Neutral from Overweight at JPMorgan
- Intel (INTC) downgraded to Underperform from Market Perform at Bernstein
- Johnson & Johnson (JNJ) downgraded to Sell from Neutral at Goldman
- Netflix (NFLX) downgraded to Underperform from Buy at BofA/Merrill
- Baidu (BIDU) downgraded to Underperform from Neutral at Credit Suisse
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After enjoying a smooth rise in stock prices since May, investors are about to be hit with another bout of volatility.
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