Analyst calls: Zynga initiated with 'underperform'

Best Buy is downgraded, while Panera Bread is upgraded.

By MSN Money Partner Dec 13, 2011 12:02PM
Information provided by Theflyonthewall.com

Tuesday's noteworthy upgrades include:
  • Murphy Oil (MUR) upgraded to Buy from Hold at Deutsche Bank
  • Hess Corp. (HES) upgraded to Buy from Hold at Deutsche Bank
  • Marathon Oil (MRO) upgraded to Buy from Hold at Deutsche Bank
  • Panera Bread (PNRA) upgraded to Buy from Hold at Jefferies
  • Union Pacific (UNP) upgraded to Outperform from Sector Perform at RBC Capital
Tuesday's noteworthy downgrades include:
  • Toll Brothers (TOL) downgraded to Neutral from Buy at Citigroup
  • Legg Mason (LM) downgraded to Neutral from Buy at Citigroup
  • St. Jude Medical (STJ) downgraded to Hold from Buy at Jefferies
  • Southern Copper (SCCO) downgraded to Underweight from Equal Weight at Barclays
  • Southern Company (SO) downgraded to Hold from Buy at Argus
  • Best Buy (BBY) downgraded to Hold from Buy at Deutsche Bank
Tuesday's noteworthy initiations include:
  • Zynga (ZNGA) initiated with an Underperform at Sterne Agee
  • Bunge (BG) initiated with a Sell at Goldman
  • Fortune Brands Home & Security (FBHS) initiated with a Neutral at Goldman
  • Dunkin' Brands (DNKN) initiated with a Buy at Jefferies
  • Apache (APA) initiated with an Outperform at RW Baird
  • Pioneer Natural (PXD) initiated with an Outperform at RW Baird
  • Boeing (BA) initiated with a Buy at Lazard Capital.

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