Analyst calls: Tesla downgraded

Both Office Max and Office Depot are downgraded to 'neutral.'

By MSN Money Partner Feb 21, 2013 12:05PM
 Stock market copyright ComstocklogoInformation provided by Theflyonthewall.com

Thursday's noteworthy initiations include:  

Devon Energy (DVN) initiated with a Neutral at B. Riley Caris 
Magellan Petroleum (MPET) initiated with a Buy at C.K. Cooper 
EV Energy (EVEP) initiated with a Neutral at BofA/Merril 

Thursday's noteworthy downgrades include: 

BHP Billiton (BHP) downgraded to Neutral from Buy at Citigroup
Office Depot (ODP) downgraded to Neutral from Buy at Janney Capital
OfficeMax (OMX) downgraded to Neutral from Buy at Janney Capital 
Lowe's (LOW) downgraded to Hold from Buy at Stifel Nicolaus
Home Depot (HD) downgraded to Hold from Buy at Stifel Nicolaus 
Tesla (TSLA) downgraded to Underperform from Neutral at BofA/Merrill

Thursday's noteworthy upgrades include: 
Barclays (BCS) upgraded to Outperform from Market Perform at Bernstein 
Groupon (GRPN) upgraded to Overweight from Neutral at Piper Jaffray
MasterCard (MA) upgraded to Neutral from Sell at UBS
Nike (NKE) upgraded to Buy from Neutral at Citigroup
Visa (V) upgraded to Neutral from Sell at UBS 
Electronic Arts (EA) upgraded to Outperform from Neutral at Macquarie
US Airways (LCC) upgraded to Overweight from Neutral at JPMorgan  
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