Analyst calls: Bank of America downgraded to 'sell'

SanDisk is downgraded to 'hold,' and Riverbed is downgraded at 3 firms.

By MSN Money Partner Apr 20, 2012 11:29AM
Information provided by Theflyonthewall.com

Friday's noteworthy upgrades include:  
  • Brown & Brown (BRO) upgraded to Overweight from Neutral at JPMorgan
  • New Jersey Resources (NJR) upgraded to Buy from Hold at Brean Murray
  • TransDigm (TDG) upgraded to Buy from Neutral at Goldman
  • Westar Energy (WR) upgraded to Neutral from Sell at Goldman
  • Nokia (NOK) upgraded to Equal Weight from Underweight at Evercore
Friday's noteworthy downgrades include:  
  • Altera (ALTR) downgraded to Neutral from Buy at Citigroup
  • Chesapeake (CHK) downgraded to Market Perform from Outperform at Wells Fargo
  • Embraer (ERJ) downgraded to Neutral from Buy at Goldman
  • Lumber Liquidators (LL) downgraded to Neutral from Buy at Goldman
  • Marsh & McLennan (MMC) downgraded to Underweight from Neutral at JPMorgan
  • ONEOK Partners (OKS) downgraded to Neutral from Buy at UBS
  • Riverbed (RVBD) downgraded to Hold from Buy at Cantor, and to Perform from Outperform at Oppenheimer, and to Underperform from Outperform at RBC Capital
  • SanDisk (SNDK) downgraded to Hold from Buy at Deutsche Bank
  • Bank of America (BAC) downgraded to Sell from Underperform at CLSA
Friday's noteworthy initiations include:  
  • Finish Line (FINL) initiated with a Buy at Benchmark Co
  • Foot Locker (FL) initiated with a Hold at Benchmark Co
  • Nike (NKE) initiated with a Buy at Benchmark Co
  • Questcor (QCOR) initiated with an Overweight at Piper Jaffray
4Comments
May 10, 2012 7:49PM
avatar
I sold BAC @ $8.62 about a month ago, how low can she go? I will buy more for the right price???

Apr 20, 2012 12:10PM
avatar
these are the same ones who did not see the upturn in banks in november     IWONDER HOW MANY PUT S THEY BOUGHT                  IT STILL BAFFELS ME HOW THEY KEEP THIER JOBS           (ANY OPENINGS)         
Apr 20, 2012 12:00PM
avatar
SELL, SELL, SELL, so I can BUY, BUY, BUY  !!!!
Apr 20, 2012 11:50AM
avatar
Idiots,  Thanks for the downgrade on BAC, so that I can back up my truck and load up a bunch more !!
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2013 Microsoft. All rights reserved.

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

127
127 rated 1
269
269 rated 2
462
462 rated 3
588
588 rated 4
658
658 rated 5
615
615 rated 6
645
645 rated 7
431
431 rated 8
263
263 rated 9
138
138 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
COPConocoPhillips10
NWSNews Ord Shs Class B10
YHOOYahoo! Inc10
TJXTJX Companies Inc9
AMXAmerica Movil ADR Rep 20 Ord Shs Series L9
More

LATEST POSTS

Scary story: the 2013 market looks like 1987

All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.

Fidelity Brokerage Services, Member NYSE, SIPC. (c) 2011 FMR LLC. All rights reserved

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.