Analyst calls: JC Penney downgraded to 'neutral'
Sprint is upgraded to 'buy,' while Coca-Cola is downgraded to 'neutral.'
Monday's noteworthy upgrades include:
- Campbell Soup (CPB) upgraded to Conviction Buy from Sell at Goldman
- J.M. Smucker (SJM) upgraded to Buy from Neutral at Goldman
- ConocoPhillips (COP) upgraded to Buy from Hold at Societe Generale
- Google (GOOG) upgraded to Overweight from Equal Weight at Morgan Stanley
- International Paper (IP) upgraded to Outperform from Neutral at Credit Suisse
- Ross Stores (ROST) upgraded to Overweight from Neutral at Piper Jaffray
- Sprint (S) upgraded to Buy from Neutral at BofA/Merrill
- Coca-Cola (KO) downgraded to Neutral from Conviction Buy at Goldman
- GlaxoSmithKline (GSK) downgraded to Hold from Buy at Jefferies
- Pandora (P) downgraded to Equal Weight from Overweight at Morgan Stanley
- Cardtronics (CATM) downgraded to Neutral from Overweight at JPMorgan
- Syntel (SYNT) downgraded to Neutral from Overweight at JPMorgan
- Veeco (VECO) downgraded to Hold from Buy at Deutsche Bank
- J.C. Penney (JCP) downgraded to Neutral from Overweight at Piper Jaffray
- Time Warner (TWX) downgraded to Average from Above Average at Caris
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Investors are hoping the chain can emulate the rapid growth of Chipotle Mexican Grill.
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