Analyst calls: Lululemon downgraded

Boston Scientific is upgraded to 'outperform,' and ARM Holdings is downgraded to 'equal weight.'

By MSN Money Partner Jan 15, 2013 12:46PM
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Tuesday's noteworthy upgrades include:
  • Boston Scientific (BSX) upgraded to Outperform from Neutral at Credit Suisse
  • Celgene (CELG) upgraded to Buy from Neutral at BofA/Merrill
  • Cliffs Natural (CLF) upgraded to Buy from Hold at Deutsche Bank
  • Credit Suisse (CS) upgraded to Outperform from Neutral at Exane BNP Paribas
  • Green Mountain (GMCR) upgraded to Buy from Hold at Argus
  • Duke Energy (DUK) upgraded to Buy from Neutral at UBS
Tuesday's noteworthy downgrades include:
  • ARM Holdings (ARMH) downgraded to Equal Weight from Overweight at Morgan Stanley
  • Aflac (AFL) downgraded to Neutral from Buy at Sterne Agee
  • Biogen (BIIB) downgraded to Neutral from Buy at BofA/Merrill
  • TD Ameritrade (AMTD) downgraded to Neutral from Buy at Sterne Agee
  • BHP Billiton (BHP) downgraded to Hold from Buy at Dahlman Rose
  • United Continental (UAL) downgraded to Neutral from Overweight at JPMorgan
  • Vertex (VRTX) downgraded to Neutral from Buy at Lazard Capital
  • American Express (AXP) downgraded to Underweight from Neutral at JPMorgan
  • Fiserv (FISV) downgraded to Equal Weight from Overweight at First Analysis
  • Lululemon (LULU) downgraded to Underperform from Neutral at Buckingham
  • Dell (DELL)downgraded to Neutral from Buy at Monness Crespi
Tuesday's noteworthy initiations include:
  • E-Trade (ETFC) initiated with a Buy at Sterne Agee
  • Western Digital (WDC) initiated with a Sector Perform at Pacific Crest
  • Coinstar (CSTR) initiated with a Buy at Gabelli
  • Panera Bread (PNRA) initiated with a Buy at Longbow
  • Chipotle (CMG) initiated with a Neutral at Longbow
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