Analyst calls: Lowe's upgraded to 'equal weight'
Travelers is downgraded to 'equal weight,' and Boeing is initiated with a 'buy.'
Friday's noteworthy upgrades include:
- Lowe's (LOW) upgraded to Equal Weight from Underweight at Morgan Stanley
- Unum Group (UNM) upgraded to Outperform from Sector Perform at RBC Capital
- Cobalt (CIE) upgraded to Outperform from Sector Perform at RBC Capital
- Eli Lilly (LLY) upgraded to Neutral from Underweight at JPMorgan
- Motorola Solutions (MSI) upgraded to Outperform from Neutral at Credit Suisse
- Staples (SPLS) upgraded to Above Average from Average at Caris
- Fossil (FOSL) downgraded to Neutral from Buy at Citigroup
- BlackRock (BLK) downgraded to Neutral from Outperform at Credit Suisse
- Travelers (TRV) downgraded to Equal Weight from Overweight at Morgan Stanley
- News Corp. (NWSA) downgraded to Outperform from Top Pick at RBC Capital
- American Water (AWK) downgraded to Neutral from Outperform at RW Baird
- J.B. Hunt (JBHT) downgraded to Hold from Buy at KeyBanc
- Magellan Midstream (MMP) downgraded to Hold from Buy at Wunderlich
- Alcatel-Lucent (ALU) downgraded to Market Perform from Outperform at Bernstein
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The stock rises 9% after the company reveals strong second-quarter results.
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