Analyst calls: Apple initiated with a 'strong buy'
First Solar is downgraded to 'neutral,' and Trina Solar is upgraded to 'buy.'
Tuesday's noteworthy upgrades include:
- ING Group (ING) upgraded to Neutral from Underperform at Exane BNP Paribas
- NRG Energy (NRG) upgraded to Buy from Hold at Deutsche Bank
- Newfield Exploration (NFX) upgraded to Buy from Hold at Jefferies
- Oasis Petroleum (OAS) upgraded to Buy from Hold at Jefferies
- Autonation (AN) upgraded to Market Perform from Underperform at Wells Fargo
- SAP (SAP) upgraded to Buy from Hold at Societe Generale
- Trina Solar (TSL) upgraded to Buy from Hold at Auriga
- First Solar (FSLR) downgraded to Neutral from Buy at Goldman
- Infosys (INFY) downgraded to Neutral from Buy at Goldman
- SAP (SAP) downgraded to Neutral from Overweight at HSBC
- YPF SA (YPF) downgraded to Underperform from Neutral at BofA/Merrill
- Apple (AAPL) initiated with a Strong Buy at Raymond James
- Qualcomm (QCOM) initiated with an Outperform at Raymond James
- Cameco (CCJ) initiated with an Overweight at JPMorgan
- KBR (KBR) initiated with an Overweight at JPMorgan
- Dover (DOV) initiated with a Buy at SunTrust
- Fossil (FOSL) initiated with an Outperform at Macquarie
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The expected $3.36 billion offering from Citizens Financial Group won't come close to Alibaba's, but it will be an important one for the market.
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