Analyst calls: Monster Beverage upgraded
Goldman initiates retailers, including Michael Kors with a 'conviction buy' and Coach with a 'sell.'
Tuesday's noteworthy upgrades include:
- Chicago Bridge & Iron (CBI) upgraded to Buy from Neutral at Lazard Capital
- Monster Beverage (MNST) upgraded to Buy from Hold at Stifel Nicolaus
- Stryker (SYK) upgraded to Buy from Neutral at Goldman
- Dover (DOV) upgraded to Outperform from Neutral at RW Baird
- CONSOL Energy (CNX) upgraded to Buy from Neutral at Davenport
- Martin Marietta (MLM) upgraded to Buy from Neutral at Longbow
- Entertainment Properties (EPR) downgraded to Neutral from Buy at Goldman
- Hospira (HSP) downgraded to Sell from Neutral at Goldman
- LG Display (LPL) downgraded to Sell from Hold at Topeka
- American States Water (AWR) downgraded to Neutral from Buy at Ladenburg
- Abercrombie & Fitch (ANF) initiated with a Neutral at Goldman
- Aeropostale (ARO) initiated with a Neutral at Goldman
- American Eagle (AEO) initiated with a Neutral at Goldman
- Coach (COH) initiated with a Sell at Goldman
- Gap (GPS) initiated with a Buy at Goldman
- Michael Kors (KORS) initiated with a Conviction Buy at Goldman
- Tilly's (TLYS) initiated with a Buy at Goldman
- Urban Outfitters (URBN) initiated with a Neutral at Goldman
- Hess Corp. (HES) initiated with a Hold at Dahlman Rose
- Occidental Petroleum (OXY) initiated with a Buy at Dahlman Rose
- Splunk (SPLK) initiated with a Neutral at Mizuho
- Lululemon (LULU) initiated with an Underperform at CLSA
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The solid report comes a month after the retailer closed all of its Canadian operations.
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