Analyst calls: Bed Bath & Beyond upgraded
JA Solar is downgraded to 'sell,' and Joy Global is downgraded to 'neutral.'
Wednesday's noteworthy upgrades include:
- Apache (APA) upgraded to Buy from Hold at Deutsche Bank
- Baker Hughes (BHI) upgraded to Buy from Hold at Jefferies
- Citrix Systems (CTXS) upgraded to Buy from Neutral at Goldman
- ConocoPhillips (COP) upgraded to Overweight from Equal Weight at Barclays
- Salesforce.com (CRM) upgraded to Conviction Buy from Buy at Goldman
- Informatica (INFA) upgraded to Buy from Hold at Deutsche Bank
- Forest Labs (FRX) upgraded to Buy from Hold at Argus
- Bed Bath & Beyond (BBBY) upgraded to Buy from Neutral at Nomura
- Chevron (CVX) downgraded to Equal Weight from Overweight at Barclays
- Joy Global (JOY) downgraded to Neutral from Buy at Goldman
- Occidental Petroleum (OXY) downgraded to Neutral from Buy at Sterne Agee
- Intuit (INTU) downgraded to Hold from Buy at Deutsche Bank
- Microsoft (MSFT) downgraded to Hold from Buy at Deutsche Bank (Microsoft owns and publishes Top Stocks, an MSN Money site.)
- VMware (VMW) downgraded to Hold from Buy at Deutsche Bank
- US Airways (LCC) downgraded to Underperform from Neutral at BofA/Merrill
- Trina Solar (TSL) downgraded to Sell from Neutral at Goldman
- JA Solar (JASO) downgraded to Sell from Neutral at Goldman
- Bank of Ireland (IRE) initiated with an Underweight at HSBC
- Workday (WDAY) initiated with a Market Perform at FBR Capital
- Carlyle Group (CG) initiated with a Buy at Sandler O'Neill
- Travelers (TRV) initiated with a Neutral at Nomura
- Aon plc (AON) initiated with a Neutral at Nomura
- Allstate (ALL) initiated with a Neutral at Nomura
- AIG (AIG) initiated with a Neutral at Nomura
- ACE Ltd. (ACE) initiated with a Buy at Nomura
- First Solar (FSLR) coverage assumed with a Sell at Maxim
- Standard Pacific (SPF) initiated with a Buy at BofA/Merrill
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John Stumpf acknowledges that growth has been slow, but he says he's still optimistic.
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