Analyst calls: Chipotle downgraded at 3 firms
SanDisk is upgraded to 'above average,' and AMD is downgraded to 'hold.'
Friday's noteworthy upgrades include:
- Hess Corp. (HES) upgraded to Buy from Neutral at Citigroup
- Nokia (NOK) upgraded to Hold from Sell at Societe Generale
- Steel Dynamics (STLD) upgraded to Overweight from Equal Weight at Morgan Stanley
- eBay (EBAY) upgraded to Overweight from Neutral at JPMorgan
- SanDisk (SNDK) upgraded to Above Average from Average at Caris
- Walgreen (WAG) upgraded to Equal Weight from Underweight at Barclays
- KeyCorp (KEY) upgraded to Under Valued from Fairly Valued at Rochdale
- AMD (AMD) downgraded to Hold from Buy at Canaccord
- Chipotle (CMG) downgraded to Hold from Buy at Deutsche Bank, and to Neutral from Buy at Janney Capital, and to Neutral from Conviction Buy at Goldman
- Johnson Controls (JCI) downgraded to Hold from Buy at Deutsche Bank and to Neutral from Overweight at Piper Jaffray, and to Sector Perform from Outperform at RBC Capital
- Quest Diagnostics (DGX) downgraded to Sector Perform from Outperform at RBC Capital
- Union Pacific (UNP) downgraded to Sector Perform from Outperform at RBC Capital
- People's United (PBCT) downgraded to Market Perform from Outperform at Keefe Bruyette
- Perrigo (PRGO) downgraded to Neutral from Buy at UBS
- Verizon (VZ) downgraded to Neutral from Outperform at Credit Suisse
- Fresenius Medical (FMS) downgraded to Hold from Buy at Jefferies
- Concur (CNQR) initiated with an Outperform at Credit Suisse
- Informatica (INFA) initiated with a Neutral at Credit Suisse
- Kenexa (KNXA) initiated initiated with an Outperform at Credit Suisse
- Foot Locker (FL) initiated with an Equal Weight at Morgan Stanley
- Liberty Media (LMCA) initiated with a Buy at ISI Group
- Sirius XM (SIRI) initiated with a Buy at ISI Group
- Rackspace (RAX) initiated with a Neutral at Nomura
- Starwood Hotels (HOT) initiated with a Buy at SunTrust
- Wyndham (WYN) initiated with a Buy at SunTrust
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