Analyst calls: Western Digital upgraded to 'strong buy'

Novo Nordisk is downgraded to 'sell,' and United Continental is initiated with an 'outperform.'

By MSN Money Partner Mar 22, 2012 11:25AM
Information provided by Theflyonthewall.com

Thursday's noteworthy upgrades include:
  • American Electric (AEP) upgraded to Sector Perform from Underperform at RBC Capital
  • Emerson (EMR) upgraded to Buy from Neutral at Nomura
  • Exxon Mobil (XOM) upgraded to Neutral from Underweight at JPMorgan
  • Western Digital (WDC) upgraded to Strong Buy from Buy at Needham
  • Lions Gate (LGF) upgraded to Below Average from Sell at Caris
  • OpenTable (OPEN) upgraded to Outperform from Market Perform at Raymond James
Thursday's noteworthy downgrades include:
  • Annaly Capital (NLY) downgraded to Underperform from Neutral at Sterne Agee.
  • First Horizon (FHN) downgraded to Equal Weight from Overweight at Morgan Stanley
  • Novo Nordisk (NVO) downgraded to Sell from Hold at Deutsche Bank
  • Rackspace (RAX) downgraded to Neutral from Buy at Goldman
  • Lions Gate (LGF) downgraded to Equal Weight from Overweight at Evercore
Thursday's noteworthy initiations include:
  • F5 Networks (FFIV) initiated with a Neutral at Nomura
  • McGraw-Hill (MHP) initiated with a Buy at Jefferies
  • Royal Caribbean (RCL) initiated with a Buy at Longbow
  • United Continental (UAL) initiated with an Outperform at Raymond James
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