Analyst calls: American Eagle, BP upgraded

Akamai, Verizon and Williams-Sonoma receive downgrades.

By MSN Money Partner Jan 3, 2012 2:12PM

Theflyonthewall.com on MSN MoneyInformation provided by Theflyonthewall.com

 

Tuesday's noteworthy analyst upgrades include:
Cisco (CSCO) upgraded to Overweight from Neutral at JP Morgan

American Eagle (AEO) upgraded to Overweight from Neutral at Piper Jaffray

Chipotle Mexican Grill (CMG) upgraded to Buy from Hold at Deutsche Bank


Micron (MU) upgraded to Overweight from Equal Weight at Barclays

Altera (ALTR) upgraded to Buy from Neutral at Goldman

BP (BP) upgraded to Strong Buy from Outperform at Raymond James

 

Tuesday's noteworthy analyst downgrades include:

Akamai (AKAM) downgraded to Neutral from Buy at Janney Capital

Williams-Sonoma (WSM) downgraded to Sell from Neutral at Janney Capital

SanDisk (SNDK) downgraded to Neutral from Buy at Goldman

PMC-Sierra (PMCS) downgraded to Neutral from Buy at Goldman

Applied Materials (AMAT) downgraded to Equal Weight from Overweight at Barclays

Intel (INTC) downgraded to Equal Weight from Overweight at Barclays

Verizon (VZ) downgraded to Buy from Conviction Buy at Goldman

Procter & Gamble (PG) downgraded to Neutral from Buy at Buckingham

 

Tuesday's noteworthy initiations include:

Delphi Automotive (DLPH) initiated with a Buy at Deutsche Bank

Angie's List (ANGI) initiated with a Buy at Janney Capital, a Perform at Oppenheimer, a neutral at BofA/Merrill and a Buy at Stifel Nicolaus

 

 

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