Analyst calls: Zynga upgraded

Johnson & Johnson is upgraded at 3 firms, and McDonald's is downgraded to 'neutral' at Goldman.

By MSN Money Partner Jun 13, 2012 11:09AM
Information provided by Theflyonthewall.com

Wednesday's noteworthy upgrades include:  
  • Hershey (HSY) upgraded to Conviction Buy from Buy at Goldman
  • Johnson & Johnson (JNJ) upgraded to Overweight from Neutral at JPMorgan, and to Buy from Hold at Jefferies, and to Outperform from Market Perform at Raymond James
  • Shire (SHPGY) upgraded to Outperform from Market Perform at Leerink
  • UBS (UBS) upgraded to Outperform from Neutral at Credit Suisse
  • Zynga (ZNGA) upgraded to Equal Weight from Underweight at Evercore
Wednesday's noteworthy downgrades include:  
  • Capstead Mortgage (CMO) downgraded to Sector Perform from Outperform at RBC Capital
  • Chesapeake (CHK) downgraded to Market Perform from Outperform at Bernstein
  • Deutsche Bank (DB) downgraded to Neutral from Outperform at Credit Suisse
  • McDonald's (MCD) downgraded to Neutral from Buy at Goldman
  • Sherwin-Williams (SHW) downgraded to Neutral from Buy at Buckingham
Wednesday's noteworthy initiations include:  
  • Cigna (CI) initiated with an Overweight at JPMorgan
  • LogMeln (LOGM) initiated with an Outperform at Oppenheimer
  • Molina Healthcare (MOH) initiated with a Neutral at JPMorgan
  • PetSmart (PETM) initiated with an Overweight at Morgan Stanley
  • Pier 1 Imports (PIR) initiated with a Buy at Jefferies
  • UnitedHealth (UNH) initiated with an Overweight at JPMorgan
  • Web.com (WWWW) initiated with an Outperform at Wells Fargo
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