Analyst calls: JPMorgan downgraded

Buffalo Wild Wings is initiated with an 'outperform,' and Bed Bath & Beyond is upgraded to 'outperform.'

By MSN Money Partner May 11, 2012 11:02AM
Information provided by Theflyonthewall.com

Friday's noteworthy upgrades include:  
  • AT&T (T) upgraded to Outperform from Neutral at Credit Suisse
  • Verizon (VZ) upgraded to Outperform from Neutral at Credit Suisse
  • Bed Bath & Beyond (BBBY) upgraded to Outperform from Neutral at Credit Suisse
  • Arena Pharmaceuticals (ARNA) upgraded to Buy from Underperform at Jefferies, and to Outperform from Market Perform at Leerink
Friday's noteworthy downgrades include:  
  • Best Buy (BBY) downgraded to Neutral from Outperform at Credit Suisse
  • JPMorgan (JPM) downgraded to Market Perform from Outperform at FBR Capital, and to Hold from Buy at Stifel Nicolaus
Friday's noteworthy initiations include:  
  • BJ's Restaurants (BJRI) initiated with a Market Perform at Wells Fargo
  • Buffalo Wild Wings (BWLD) initiated with an Outperform at Wells Fargo
  • Cheesecake Factory (CAKE) initiated with a Market Perform at Wells Fargo
  • The Buckle (BKE) initiated with an Underperform at BofA/Merrill
  • Wynn Resorts (WYNN) initiated with a Buy at Topeka
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