Analyst calls: American Eagle, BP upgraded
Akamai, Verizon and Williams-Sonoma receive downgrades.
Information 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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Down for the short term, BHP Billiton, China Mobile and McDonald's should have profitable futures.
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