Analyst calls: Lowe's upgraded to 'equal weight'

Travelers is downgraded to 'equal weight,' and Boeing is initiated with a 'buy.'

By MSN Money Partner Mar 2, 2012 11:40AM
Information provided by Theflyonthewall.com

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
Friday's noteworthy downgrades include:
  • 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
Friday's noteworthy initiations include:
  • Embraer (ERJ) initiated with a Buy at Maxim
  • Boeing (BA) initiated with a Buy at Maxim
  • Consol Energy (CNX) initiated with a Buy at Nomura
  • Vale (VALE) initiated with a Buy at Nomura
  • Boston Scientific (BSX) initiated with an Outperform at Northland Securities
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