Analyst calls: Lowe's, Lululemon upgraded

Guess is downgraded to 'neutral,' and Barnes & Noble is initiated with a 'buy.'

By MSN Money Partner Dec 2, 2011 12:31PM
Friday's noteworthy upgrades include:
  • Lowe's (LOW) upgraded to Buy from Neutral at Goldman
  • Allstate (ALL) upgraded to Buy from Hold at Deutsche Bank
  • Sun Life Financial (SLF) upgraded to Equal Weight from Underweight at Morgan Stanley
  • Analog Devices (ADI) upgraded to Buy from Neutral at Sterne Agee
  • Lululemon (LULU) upgraded to Overweight from Equal Weight at Barclays
  • Western Digital (WDC) upgraded to Buy from Hold at ThinkEquity

Friday's noteworthy downgrades include:
  • Guess (GES) downgraded to Neutral from Buy at Citigroup
  • PPG Industries (PPG) downgraded to Neutral from Buy at Goldman
  • Franklin Resources (BEN) downgraded to Neutral from Buy at Ticonderoga
  • Ameren (AEE) downgraded to Underperform from Neutral at BofA/Merrill

Friday's noteworthy initiations include:
  • Infosys (INFY) initiated with a Hold at Jefferies
  • American Tower (AMT) initiated with an Outperform at Macquarie
  • Urban Outfitters (URBN) initiated with a Market Perform at Wells Fargo
  • Barnes & Noble (BKS) initiated with a Buy at Maxim
Information provided byTheflyonthewall.com



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