Analyst calls: 3M upgraded to 'buy'

Viacom is downgraded to 'equal weight,' and Cracker Barrel is downgraded to 'hold.'

By MSN Money Partner Sep 14, 2012 12:15PM
Information provided by Theflyonthewall.com

Friday's noteworthy upgrades:  
  • 3M (MMM) upgraded to Buy from Underperform at BofA/Merrill
  • HollyFrontier (HFC) upgraded to Outperform from Market Perform at Wells Fargo
  • Plum Creek Timber (PCL) upgraded to Neutral from Underperform at BofA/Merrill
Downgrades:  
  • Cracker Barrel (CBRL) downgraded to Hold from Buy at KeyBanc
  • Level 3 (LVLT) downgraded to Underperform from Market Perform at Raymond James
  • Quest Diagnostics (DGX) downgraded to Neutral from Outperform at Credit Suisse
  • Trina Solar (TSL) downgraded to Underperform from Market Perform at Raymond James
  • Viacom (VIA.B) downgraded to Equal Weight from Overweight at Evercore
Initiations:  
  • Children's Place (PLCE) initiated with a Buy at Citigroup
  • Cognizant (CTSH) initiated with a Neutral at Credit Suisse
  • Danaher (DHR) initiated with a Buy at Janney Capital
  • Grainger (GWW) initiated with a Buy at Janney Capital
  • Splunk (SPLK) initiated with a Buy at Needham
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