Analyst calls: Yahoo upgraded

Bristol-Myers is downgraded to 'neutral,' and Gap is initiated with an 'underperform.'

By MSN Money Partner Mar 4, 2013 1:22PM
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Monday's noteworthy upgrades include:
  • Dean Foods (DF) upgraded to Buy from Hold at KeyBanc
  • France Telecom (FTE) upgraded to Overweight from Underweight at Morgan Stanley
  • Lexmark (LXK) upgraded to Equal Weight from Underweight at Barclays
  • Merck (MRK) upgraded to Buy from Neutral at BofA/Merrill
  • Radian Group (RDN) upgraded to Outperform from Market Perform at Keefe Bruyette
  • Telefonica (TEF) upgraded to Overweight from Neutral at JPMorgan
  • Yahoo (YHOO) upgraded to Overweight from Equal Weight at Barclays
  • U.S. Steel (X) upgraded to Neutral from Underperform at Longbow
  • Nucor (NUE) upgraded to Buy from Neutral at Longbow
  • Microchip (MCHP) upgraded to Strong Buy from Buy at ISI Group
Monday's noteworthy downgrades include:
  • stock market comstockASML (ASML) downgraded to Underperform from Sector Perform at RBC Capital
  • Aon Corp. (AON) downgraded to Neutral from Buy at Goldman
  • Bristol-Myers (BMY) downgraded to Neutral from Buy at BofA/Merrill
  • Duke Energy (DUK) downgraded to Neutral from Buy at ISI Group
  • Southern Company (SO) downgraded to Neutral from Buy at Citigroup
  • Micron (MU) downgraded to Neutral from Buy at Lazard Capital
  • Universal Health (UHS) downgraded to Hold from Buy at WallachBeth
Monday's noteworthy initiations include:
  • Coach (COH) initiated with a Buy at Sterne Agee
  • Fifth & Pacific (FNP) initiated with a Buy at Sterne Agee
  • Gap (GPS) initiated with an Underperform at Sterne Agee
  • Michael Kors (KORS) initiated with a Neutral at Sterne Agee
  • Ross Stores (ROST) initiated with a Neutral at Sterne Agee
  • TJX (TJX) initiated with a Buy at Sterne Agee
  • Tiffany (TIF) initiated with a Neutral at Sterne Agee
  • Ulta Salon (ULTA) initiated with a Buy at Sterne Agee
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