Analyst calls: Caterpillar upgraded to 'buy'

Home Depot and Lowe's are upgraded to 'overweight,' and Chesapeake is downgraded to 'neutral.'

By MSN Money Partner Apr 16, 2012 10:59AM
Information provided by Theflyonthewall.com

Monday's noteworthy upgrades include:  
  • Caterpillar (CAT) upgraded to Buy from Neutral at BofA/Merrill, and to Buy from Neutral at Longbow
  • Home Depot (HD) upgraded to Overweight from Neutral at Piper Jaffray
  • Lowe's (LOW) upgraded to Overweight from Neutral at Piper Jaffray
  • Linear Technology (LLTC) upgraded to Buy from Neutral at Longbow, and to Buy from Neutral at Nomura
  • PPG Industries (PPG) upgraded to Buy from Neutral at Citigroup
  • United Microelectronic (UMC) upgraded to Equal Weight from Underweight at Barclays
Monday's noteworthy downgrades include:  
  • Chesapeake (CHK) downgraded to Neutral from Buy at Citigroup
  • Infosys (INFY) downgraded to Hold from Buy at Deutsche Bank, and to Neutral from Outperform at Macquarie
  • Marathon Petroleum (MPC) downgraded to Hold from Buy at Deutsche Bank
  • SCANA (SCG) downgraded to Sell from Neutral at Goldman
  • Madison Square Garden (MSG) downgraded to Negative from Neutral at Susquehanna
Monday's noteworthy initiations include:  
  • Cadence Design (CDNS) initiated with an Overweight at Piper Jaffray
0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

124
124 rated 1
266
266 rated 2
452
452 rated 3
702
702 rated 4
671
671 rated 5
604
604 rated 6
640
640 rated 7
495
495 rated 8
267
267 rated 9
158
158 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
AAPLAPPLE Inc10
ABBVABBVIE Inc10
ATVIACTIVISION BLIZZARD Inc10
CTSHCOGNIZANT TECHNOLOGY SOLUTIONS10
LUVSOUTHWEST AIRLINES CO.10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.