Analyst calls: Kinder Morgan upgraded
Cisco is initiated with a 'buy' and Lennar is downgraded to 'sell.'
Friday's noteworthy upgrades include:
- Kinder Morgan (KMI) upgraded to Overweight from Equal Weight at Morgan Stanley
- Nordstrom (JWN) upgraded to Buy from Neutral at Buckingham
- Praxair (PX) upgraded to Outperform from Neutral at RW Baird
- Air Products (APD) downgraded to Neutral from Outperform at RW Baird
- Lennar (LEN) downgraded to Sell from Neutral at Citigroup
- Navistar (NAV) downgraded to Hold from Buy at Deutsche Bank
- NetApp (NTAP) downgraded to Equal Weight from Overweight at Barclays
- Cisco (CSCO) initiated with a Buy at Citigroup
- Cypress Semiconductor (CY) initiated with a Sell at Cantor
- Juniper (JNPR) initiated with a Buy at Citigroup
- SandRidge Energy (SD) initiated with an Outperform at RBC Capital
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Tighter regulations and the end of a lengthy bull market in bonds have changed the landscape forever.
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