Analyst calls: US Steel downgraded

Forest Labs is upgraded to 'outperform,' and Best Buy is initiated with an 'underperform.'

By MSN Money Partner Dec 10, 2012 12:26PM
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Monday's noteworthy upgrades include:
  • Abercrombie & Fitch (ANF) upgraded to Outperform from Neutral at RW Baird
  • Anadarko (APC) upgraded to Outperform from Neutral at RW Baird
  • CME Group (CME) downgraded to Sell from Neutral at Goldman
  • Robert Half (RHI) upgraded to Buy from Hold at Deutsche Bank
  • TripAdvisor (TRIP) upgraded to Buy from Hold at Deutsche Bank
  • Concur (CNQR) upgraded to Buy from Hold at Wunderlich
  • Athenahealth (ATHN) upgraded to Neutral from Underperform at Sterne Agee
  • Forest Labs (FRX) upgraded to Outperform from Neutral at Cowen
  • Noble Energy (NBL) upgraded to Buy from Accumulate at Global Hunter
Monday's noteworthy downgrades include:
  • Apache (APA) downgraded to Hold from Buy at Deutsche Bank
  • McGraw-Hill (MHP) downgraded to Neutral from Buy at Lazard Capital
  • Noble Energy (NBL) downgraded to Neutral from Buy at Sterne Agee
  • U.S. Steel (X) downgraded to Underperform from Neutral at Longbow
ComstockMonday's noteworthy initiations include:
  • Best Buy (BBY) initiated with an Underperform at BofA/Merrill
  • Duke Energy (DUK) initiated with an Overweight at Morgan Stanley
  • Southwestern Energy (SWN) initiated with an Underweight at Morgan Stanley
  • Pioneer Natural (PXD) initiated with an Equal Weight at Morgan Stanley
  • Oasis Petroleum (OAS) initiated with an Equal Weight at Morgan Stanley
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