Analyst calls: Apple downgraded

Netflix is both upgraded and downgraded, and SanDisk is upgraded to 'buy.'

By MSN Money Partner Jan 24, 2013 1:17PM
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Thursday's noteworthy upgrades include:
  • ASML (ASML) upgraded to Buy from Neutral at BofA/Merrill
  • Bed Bath & Beyond (BBBY) upgraded to Outperform from Perform at Oppenheimer
  • CSX (CSX) upgraded to Outperform from Sector Perform at RBC Capital
  • Dillard's (DDS) upgraded to Outperform from Neutral at Credit Suisse
  • Emerson (EMR) upgraded to Buy from Hold at Deutsche Bank
  • Netflix (NFLX) upgraded to Buy from Neutral at Lazard Capital
  • Ross Stores (ROST) upgraded to Outperform from Neutral at Credit Suisse
  • Tenet Healthcare (THC) upgraded to Outperform from Market Perform at Raymond James
  • SanDisk (SNDK) upgraded to Buy from Hold at Needham
  • Randgold Resources (GOLD) upgraded to Buy from Neutral at BofA/Merrill
  • UPS (UPS) upgraded to Buy from Neutral at BofA/Merrill
Thursday's noteworthy downgrades include:
  • stock market ComstockAllegheny Technologies (ATI) downgraded to Neutral from Buy at Goldman
  • Altera (ALTR) downgraded to Market Perform from Outperform at William Blair
  • Apple (AAPL) downgraded to Hold from Buy at Jefferies
  • Coach (COH) downgraded to Neutral from Buy at ISI Group
  • Energizer (ENR) downgraded to Market Perform from Outperform at BMO Capital
  • Netflix (NFLX) downgraded to Neutral from Outperform at Credit Suisse
  • Safeway (SWY) downgraded to Underweight from Equal Weight at Barclays
  • Tiffany (TIF) downgraded to Hold from Buy at Canaccord
  • Veeco (VECO) downgraded to Neutral from Buy at UBS
  • Flowserve (FLS) downgraded to Neutral from Outperform at Wedbush
  • Air Products (APD) downgraded to Neutral from Positive at Susquehanna
  • Rock-Tenn (RKT) downgraded to Underperform from Outperform at CLSA
  • IAMGOLD (IAG) downgraded to Hold from Buy at Stifel Nicolaus
  • AbbVie (ABBV) downgraded to Neutral from Long-Term Buy at Hilliard Lyons
Thursday's noteworthy initiations include:
  • Clorox (CLX) initiated with an Outperform at Credit Suisse
  • Colgate-Palmolive (CL) initiated with an Outperform at Credit Suisse
  • Expedia (EXPE) initiated with a Buy at Ascendiant Capital
  • Kimberly Clark (KMB) initiated with an Underperform at Credit Suisse
  • Procter & Gamble (PG) initiated with a Neutral at Credit Suisse
  • Splunk (SPLK) initiated with an Outperform at BMO Capital
  • LINN Energy (LINE) initiated with an Outperform at Howard Weil
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