Analyst calls: Corning upgraded at Goldman
GlaxoSmithKline is downgraded to 'underperform,' while AstraZeneca is upgraded to 'neutral.'
Wednesday's noteworthy upgrades include:
- AstraZeneca (AZN) upgraded to Neutral from Underperform at Exane BNP Paribas
- Corning (GLW) upgraded to Buy from Neutral at Goldman
- Fresh Del Monte (FDP) upgraded to Buy from Hold at BB&T
- Monsanto (MON) upgraded to Conviction Buy from Buy at Goldman
- St. Jude Medical (STJ) upgraded to Outperform from Market Perform at Wells Fargo
- Broadcom (BRCM) downgraded to Market Perform from Outperform at Wells Fargo
- CSX (CSX) downgraded to Neutral from Buy at UBS
- Charles Schwab (SCHW) downgraded to Neutral from Buy at Goldman
- GlaxoSmithKline (GSK) downgraded to Underperform from Outperform at Exane BNP Paribas
- Norfolk Southern (NSC) downgraded to Neutral from Buy at UBS
- Royal Gold (RGLD) downgraded to Neutral from Overweight at HSBC
- Union Pacific (UNP) downgraded to Neutral from Buy at UBS
- Waste Management (WM) downgraded to Underweight from Neutral at JPMorgan
- ASML (ASML) initiated with an Overweight at JPMorgan
- Allergan (AGN) initiated with a Hold at Canaccord
- ArcelorMittal (MT) initiated with a Sell at BTIG
- Baxter (BAX) initiated with an Outperform at BMO Capita
- Dover (DOV) initiated with a Buy at Capstone
- Dow Chemical (DOW) initiated with a Sector Perform at RBC Capital
- DuPont (DD) initiated with a Sector Perform at RBC Capital
- LyondellBasell (LYB) initiated with an Outperform at RBC Capital
- Optimer (OPTR) initiated with an Outperform at Leerink
- Sherwin-Williams (SHW) initiated with a Top Pick at RBC Capital
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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.
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