Analyst calls: Molson Coors downgraded

Zynga is initiated with 'outperform,' and Deutsche Banks is downgraded to 'neutral.'

By MSN Money Partner Jan 24, 2012 11:58AM
Information provided by Theflyonthewall.com

Tuesday's noteworthy upgrades include:
  • Bed Bath & Beyond (BBBY) upgraded to Buy from Hold at Deutsche Bank
  • KLA-Tencor (KLAC) upgraded to Buy from Neutral at Citigroup
  • Harmony Gold (HMY) upgraded to Buy from Neutral at UBS
  • Western Digital (WDC) upgraded to Buy from Hold at Needham
  • Electronic Arts (EA) upgraded to Buy from Hold at Hudson Square
Tuesday's noteworthy downgrades include:
  • Deutsche Bank (DB) downgraded to Neutral from Overweight at JP Morgan
  • Plains Exploration (PXP) downgraded to Neutral from Buy at Goldman
  • Molson Coors (TAP) downgraded to Neutral from Buy at UBS
  • Unilever (UN) downgraded to Neutral from Buy at Citigroup
  • Entergy (ETR) downgraded to Hold from Buy at Jefferies
  • Southern Company (SO) downgraded to Underweight from Neutral at Atlantic Equities
  • Barrick Gold (ABX) downgraded to Sector Perform from Outperform at RBC Capital
  • Texas Instruments (TXN) downgraded to Hold from Buy at Kaufman Bros
Tuesday's noteworthy initiations include:
  • Zynga (ZNGA) initiated with an Outperform at RW Baird
  • Merck (MRK) initiated with a Buy at ISI Group
  • Michael Kors (KORS) initiated with an Overweight at JP Morgan, with a Buy at Goldman, with an Overweight at Piper Jaffray
  • Crown Holdings (CCK) initiated with an Outperform at Wells Fargo
  • Ball (BLL) initiated with an Outperform at Wells Fargo...
  • T. Rowe Price (TROW) coverage assumed with an Outperform at William Blair.
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