Analyst calls: Yum Brands upgraded

Darden is downgraded to 'neutral,' and Burger King is initiated with a 'buy.'

By MSN Money Partner Dec 13, 2012 1:13PM
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Thursday's noteworthy upgrades include:
  • Avago (AVGO) upgraded to Buy from Neutral at Goldman
  • BreitBurn Energy (BBEP) upgraded to Neutral from Underperform at Credit Suisse
  • HSBC (HBC) upgraded to Buy from Hold at Deutsche Bank
  • M&T Bank (MTB) upgraded to Outperform from Market Perform at Keefe Bruyette
  • Microchip (MCHP) upgraded to Neutral from Sell at Goldman
  • Tesoro (TSO) upgraded to Outperform from Neutral at Credit Suisse
  • Yum Brands (YUM) upgraded to Buy from Neutral at Goldman
  • Eli Lilly (LLY) upgraded to Neutral from Underperform at Cowen
  • Dr. Reddy's Labs (RDY) upgraded to Outperform from Neutral at Credit Suisse
ComstockThursday's noteworthy downgrades include:
  • Comerica (CMA) downgraded to Underperform from Market Perform at Keefe Bruyette
  • Cree (CREE) downgraded to Neutral from Buy at B. Riley
  • Huntington Bancshares (HBAN) downgraded to Underperform at Keefe Bruyette
  • International Rectifier (IRF) downgraded to Sell from Neutral at Goldman
  • Linear Technology (LLTC) downgraded to Sell from Neutral at Citigroup
  • Nabors Industries (NBR) downgraded to Underperform from Hold at Jefferies
  • United Therapeutics (UTHR) downgraded to Sell from Neutral at Goldman
  • Veeco (VECO) downgraded to Neutral from Buy at B. Riley
  • Darden (DRI) downgraded to Neutral from Buy at Goldman
  • Lexmark (LXK) downgraded to Sell from Hold at Deutsche Bank
  • Titanium Metals (TIE) downgraded to Neutral from Overweight at JPMorgan
  • Annaly Capital (NLY) downgraded to Hold from Buy at Deutsche Bank
Thursday's noteworthy initiations include:
  • AXIS Capital (AXS) initiated with a Buy at Goldman
  • Brinker (EAT) initiated with a Buy at Citigroup
  • Buffalo Wild Wings (BWLD) initiated with a Neutral at Citigroup
  • Burger King (BKW) initiated with a Buy at Citigroup
  • Molycorp (MCP) initiated with a Neutral at RW Baird
  • Fortune Brands (FBHS) initiated with a Neutral at JPMorgan
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