Analyst calls: Procter & Gamble upgraded
Salesforce.com is downgraded to 'neutral,' and Marvell is downgraded to 'underperform.'
Friday's noteworthy upgrades include:
- Pandora (P) upgraded to Outperform from Sector Perform at RBC Capital
- Procter & Gamble (PG) upgraded to Buy from Neutral at UBS
- Sherwin-Williams (SHW) upgraded to Outperform from Neutral at RW Baird
- Wendy's (WEN) upgraded to Buy from Neutral at Janney Capital
- Alliance Data (ADS) upgraded to Outperform from Market Perform at William Blair
Friday's noteworthy downgrades include:
- Cirrus Logic (CRUS) downgraded to Hold from Buy at Canaccord
- Cubist (CBST) downgraded to Neutral from Buy at Janney Capital
- Marvell (MRVL) downgraded to Underperform from Market Perform at JMP Securities
- Salesforce.com (CRM) downgraded to Neutral from Outperform at Wedbush
- Alkermes (ALKS) downgraded to Sell from Neutral at MKM Partners
- Saks (SKS) downgraded to Hold from Buy at Argus
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An interest rate tease in The Wall Street Journal sends the market into an optimistic tizzy -- but one that doesn't end quite at the top.
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