Analyst calls: Dendreon downgraded

J.C. Penney is downgraded to 'sell,' and Red Robin is upgraded to 'buy.'

By MSN Money Partner May 10, 2013 12:26PM
fly logostock market comstockInformation provided by Theflyonthewall.com

Friday's noteworthy upgrades include:
  • American Water (AWK) upgraded to Buy from Neutral at Citigroup
  • Boston Scientific (BSX) upgraded to Outperform from Market Perform at Wells Fargo
  • Granite Construction (GVA) upgraded to Neutral from Sell at Goldman, and to Neutral from Underperform at Sterne Agee
  • Telus (TU) upgraded to Buy from Hold at TD Securities
  • SINA (SINA) upgraded to Buy from Neutral at Goldman

  • Becton Dickinson (BDX) upgraded to Outperform from Neutral at Macquarie
  • Red Robin (RRGB) upgraded to Buy from Neutral at Northcoast
  • Ubiquiti Networks (UBNT) upgraded to Outperform from Market Perform at Raymond James
  • MarkWest Energy (MWE) upgraded to Outperform from Neutral at Credit Suisse
Friday's noteworthy downgrades include:
  • AES Corp. (AES) downgraded to Neutral from Buy at UBS
  • Cablevision (CVC) downgraded to Neutral from Buy at Citigroup
  • Dean Foods (DF) downgraded to Equal Weight from Overweight at Stephens
  • Dendreon (DNDN) downgraded to Sell from Neutral at Citigroup
  • Optimer (OPTR) downgraded to Neutral from Outperform at RW Baird, and to Hold from Buy at Needham
  • Salix (SLXP) downgraded to Neutral from Buy at Janney Capital
  • Shire (SHPG) downgraded to Neutral from Overweight at JPMorgan
  • McDermott (MDR) downgraded to Neutral from Add at Capital One
  • Micron (MU) downgraded at JMP Securities
  • Brookfield (BAM) downgraded to Market Perform from Outperform at BMO Capital
  • J.C. Penney (JCP) downgraded to Sell from Neutral at Northcoast
Friday's noteworthy initiations include:
  • 3D Systems (DDD) initiated with a Buy at Janney Capital
  • Allergan (AGN) initiated with an Outperform at BMO Capital
  • Forest Labs (FRX) initiated with an Underperform at BMO Capital
  • J2 Global (JCOM) initiated with an Outperform at Wedbush
  • Mylan (MYL) initiated with an Underperform at BMO Capital
  • Splunk (SPLK) initiated with a Market Perform at FBR Capital
  • Teva (TEVA) initiated with an Outperform at BMO Capital
  • Workday (WDAY) initiated with an Outperform at Oppenheimer
  • Nuance (NUAN) initiated with an Outperform at Wedbus
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