Analyst calls: Hewlett-Packard upgraded

Novo Nordisk is downgraded to 'underweight,' and Verizon is upgraded to 'buy.'

By MSN Money Partner Mar 18, 2013 12:29PM
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Monday's noteworthy upgrades include:
  • Best Buy (BBY) upgraded to Overweight from Neutral at JPMorgan
  • Office Depot (ODP) upgraded to Buy from Hold at KeyBanc
  • OfficeMax (OMX) upgraded to Buy from Hold at KeyBanc
  • United Technologies (UTX) upgraded to Buy from Neutral at Citigroup
  • ValueClick (VCLK) upgraded to Buy from Hold at Jefferies
  • Verizon (VZ) upgraded to Buy from Neutral at Citigroup
  • Vodafone (VOD) upgraded to Buy from Neutral at Citigroup
  • AMD (AMD) upgraded to Outperform from Underperform at Macquarie
  • Siemens (SI) upgraded to Buy from Neutral at BofA/Merrill
  • Hewlett-Packard (HPQ) upgraded to Overweight from Equal Weight at Morgan Stanley
stock market comstock
Monday's noteworthy downgrades include:
  • Carnival (CCL) downgraded to Neutral from Outperform at Exane BNP Paribas
  • J.M. Smucker (SJM) downgraded to Sell from Neutral at Goldman
  • Kimberly Clark (KMB) downgraded to Sell from Neutral at Goldman
  • Novo Nordisk (NVO) downgraded to Underweight from Neutral at JPMorgan
  • Teva (TEVA) downgraded to Market Perform from Outperform at Wells Fargo
  • Chesapeake (CHK) downgraded to Trim from Hold at Tudor Pickering
  • Micron (MU) downgraded to Negative from Neutral at Susquehanna

Monday's noteworthy initiations include:
  • Boise Cascade (BCC) initiated with a Hold at Deutsche Bank, and with a Neutral at Goldman, and with an Underperform at DA Davidson
  • Vantiv (VNTV) initiated with a Buy at Buckingham
  • Royal Gold (RGLD) initiated with a Buy at BB&T.
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