Analyst calls: Apple downgraded to 'neutral'
JetBlue is upgraded to 'hold,' and Yelp is initiated with an 'equal weight.'
Today's noteworthy upgrades include:
- Delta Air Lines (DAL) upgraded to Buy from Hold at Dahlman Rose
- JetBlue (JBLU) upgraded to Hold from Sell at Dahlman Rose
- United Continental (UAL) upgraded to Buy from Hold at Dahlman Rose
- Informatica (INFA) upgraded to Overweight from Neutral at Piper Jaffray
- SAP (SAP) upgraded to Market Perform from Underperform at JMP Securities
- Simon Property (SPG) upgraded to Buy from Neutral at Citigroup
- Tenet Healthcare (THC) upgraded to Buy from Hold at Deutsche Bank
- Travelers (TRV) upgraded to Top Pick from Outperform at RBC Capital
- USG (USG) upgraded to Top Pick from Outperform at RBC Capital
- ACE Ltd. (ACE) upgraded to Outperform from Neutral at Credit Suisse
- Apple (AAPL) downgraded to Neutral from Buy at Citigroup
- Baker Hughes (BHI) downgraded to Equal Weight from Overweight at Morgan Stanley
- Finish Line (FINL) downgraded to Hold from Buy at Canaccord
- SandRidge Energy (SD) downgraded to Sell from Hold at Canaccord
- Usana (USNA) downgraded to Hold from Buy at Canaccord
- Texas Instruments (TXN) downgraded to Underperform from Neutral at Sterne Agee
- Gartner (IT) downgraded to Market Perform from Outperform at Northland Securities
- Dean Foods (DF) initiated with an Overweight at Morgan Stanley
- Yelp (YELP) initiated with an Equal Weight at Morgan Stanley
- Magnum Hunter (MHR) initiated with a Buy at UBS
- Molycorp (MCP) initiated with a Neutral at Goldman
- Alcatel-Lucent (ALU) initiated with an Overweight at Evercore
- Ericsson (ERIC) initiated with an Equal Weight at Evercore
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The solid report comes a month after the retailer closed all of its Canadian operations.
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