Analyst calls: Brocade downgraded

Alkermes is initiated with an 'outperform,' and Chicago Bridge & Iron is initiated with a 'neutral.'

By MSN Money Partner May 29, 2013 12:13PM
fly logocomstockInformation provided by Theflyonthewall.com

Wednesday's noteworthy upgrades include:
  • Analog Devices (ADI) upgraded to Buy from Neutral at Citigroup
  • Athenahealth (ATHN) upgraded to Strong Buy from Outperform at Raymond James
  • EnerNOC (ENOC) upgraded to Strong Buy from Outperform at Raymond James
  • Linear Technology (LLTC) upgraded to Neutral from Sell at Citigroup
  • Microchip (MCHP) upgraded to Buy from Neutral at Citigroup
  • Palo Alto (PANW) upgraded at Pacific Crest

Wednesday's noteworthy downgrades include:
  • Comerica (CMA) downgraded to Hold from Buy at Wunderlich
  • Maxim Integrated (MXIM) downgraded to Neutral from Buy at Citigroup
  • EnerNOC (ENOC) downgraded to Sector Perform from Outperform at Pacific Crest
  • Brocade (BRCD) downgraded at Morgan Stanley
Wednesday's noteworthy initiations include:
  • Alkermes (ALKS) initiated with an Outperform at Leerink
  • Snyder's-Lance (LNCE) initiated with a Neutral at SunTrust
  • Sonic Automotive (SAH) initiated with a Buy at CL King
  • Chicago Bridge & Iron (CBI) initiated with a Neutral at RW Baird
  • Spectrum (SPPI) initiated with an Outperform at Burrill
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