Analyst calls: Delta Air Lines downgraded

Best Buy is upgraded to 'outperform,' and Akamai is initiated with a 'buy.'

By MSN Money Partner Mar 15, 2013 12:17PM
fly logostock market comstockFriday's noteworthy upgrades include:
  • ARM Holdings (ARMH) upgraded to Buy from Hold at Jefferies
  • Best Buy (BBY) upgraded to Outperform from Sector Perform at RBC Capital
  • Freeport McMoRan (FCX) upgraded to Buy from Neutral at Goldman
  • Infosys (INFY) upgraded to Buy from Hold at Jefferies
  • NASDAQ (NDAQ) upgraded to Outperform from Market Perform at Wells Fargo
Friday's noteworthy downgrades include:
  • Royal Dutch Shell (RDS.A) downgraded to Underweight from Neutral at JPMorgan
  • Transocean (RIG) downgraded to Hold from Buy at Jefferies
  • BB&T (BBT) downgraded to Hold from Buy at Sandler ONeill
  • US Airways (LCC) downgraded to Market Perform from Outperform at Raymond James
  • Delta Air Lines (DAL) downgraded to Market Perform from Outperform at Raymond James
  • Colgate-Palmolive (CL) downgraded to Equal Weight from Overweight at Morgan Stanley
Friday's noteworthy initiations include:
  • Cubist (CBST) initiated with a Neutral at Credit Suisse
  • Akamai (AKAM) initiated with a Buy at Maxim
  • Molycorp (MCP) coverage assumed with a Neutral at Piper Jaffray
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