Analyst calls: eBay downgraded to 'neutral'

AMD is upgraded to 'buy,' and Ariad Pharmaceuticals is initiated with a 'buy.'

By MSN Money Partner Mar 15, 2012 11:21AM
Information provided by Theflyonthewall.com

Thursday's noteworthy upgrades include:
  • Invesco Mortgage (IVR) upgraded to Outperform from Market Perform at FBR Capital
  • Public Storage (PSA) upgraded to Outperform from Neutral at Credit Suisse
  • Level 3 (LVLT) upgraded to Buy from Neutral at BofA/Merrill
  • AMD (AMD) upgraded to Buy from Hold at Jefferies
  • Union Pacific (UNP) upgraded to Overweight from Equal Weight at Barclays
  • Veeco (VECO) upgraded to Buy from Hold at Deutsche Bank
  • Aixtron (AIXG) upgraded to Buy from Hold at Deutsche Bank
Thursday's noteworthy downgrades include:
  • Braskem (BAK) downgraded to Underperform from Neutral at BofA/Merrill
  • Joy Global (JOY) downgraded to Neutral from Buy at UBS
  • Sony (SNE) downgraded to Hold from Buy at Deutsche Bank
  • eBay (EBAY) downgraded to Neutral from Outperform at Credit Suisse
  • Digital Realty (DLR) downgraded to Hold from Buy at Jefferies
  • EXCO Resources (XCO) downgraded to Underperform from Hold at Jefferies
  • Norfolk Southern (NSC) downgraded to Equal Weight from Overweight at Barclays
Thursday's noteworthy initiations include:
  • Mylan (MYL) initiated with a Positive at Susquehanna
  • Watson Pharmaceuticals (WPI) initiated with a Positive at Susquehanna
  • Dendreon (DNDN) initiated with a Hold at Stifel Nicolaus
  • Ariad Pharmaceuticals (ARIA) initiated with a Buy at Stifel Nicolaus
  • Celgene (CELG) initiated with a Buy at Stifel Nicolaus
  • Zimmer (ZMH) initiated with an Outperform at Credit Suisse
  • Stryker (SYK) initiated with an Outperform at Credit Suisse
  • TiVo (TIVO) initiated with a Buy at B. Riley
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