Analyst calls: Apollo Group downgraded to 'neutral'

American Eagle is upgraded to 'buy,' and Crocs is initiated with an 'outperform.'

By MSN Money Partner Mar 27, 2012 11:24AM
Information provided by Theflyonthewall.com

Tuesday's noteworthy upgrades include:
  • Portugal Telecom (PT) upgraded to Outperform from Neutral at Macquarie
  • Southern Copper (SCCO) upgraded to Overweight from Equal Weight at Morgan Stanley
  • Vale (VALE) upgraded to Overweight from Equal Weight at Morgan Stanley
  • Williams (WMB) upgraded to Buy from Neutral at UBS
  • American Eagle (AEO) upgraded to Buy from Neutral at Lazard Capital
Tuesday's noteworthy downgrades include:
  • Apollo Group (APOL) downgraded to Neutral from Outperform at Credit Suisse
  • Bank of America (BAC) downgraded to Neutral from Outperform at RW Baird
  • Buffalo Wild Wings (BWLD) downgraded to Hold from Buy at Deutsche Bank
  • NetEase.com (NTES) downgraded to Neutral from Buy at Roth Capital
  • STMicroelectronics (STM) downgraded to Hold from Buy at Societe Generale
  • UBS (UBS) downgraded to Hold from Buy at ISI Group
Tuesday's noteworthy initiations include:
  • Activision Blizzard (ATVI) initiated with a Buy at Stifel Nicolaus
  • Crocs (CROX) initiated with an Outperform at Wedbush
  • Ctrip.com (CTRP) initiated with a Neutral at Macquarie
  • Electronic Arts (EA) initiated with a Buy at Stifel Nicolaus
  • Micron (MU) initiated with a Buy at Jefferies
  • ProLogis (PLD) initiated with an Underperform at Imperial Capital
  • Starbucks (SBUX) initiated with an Overweight at Atlantic Equities
  • Yum! Brands (YUM) initiated with an Overweight at Atlantic Equities
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