Analyst calls: Molson Coors downgraded
Zynga is initiated with 'outperform,' and Deutsche Banks is downgraded to 'neutral.'
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
- 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
- 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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After enjoying a smooth rise in stock prices since May, investors are about to be hit with another bout of volatility.
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