Analyst calls: Altera upgraded to 'conviction buy'

Micron is upgraded to 'outperform,' and Citigroup is downgraded to 'neutral.'

By MSN Money Partner Mar 14, 2012 10:54AM
Information provided by Theflyonthewall.com

Wednesday's noteworthy upgrades include:
  • CBS (CBS) upgraded to Top Pick from Outperform at RBC Capital
  • NXP Semiconductors (NXPI) upgraded to Conviction Buy from Buy at Goldman
  • Altera (ALTR) upgraded to Conviction Buy from Buy at Goldman
  • Micron (MU) upgraded to Outperform from Market Perform at Bernstein
  • American Eagle (AEO) upgraded to Buy from Above Average at Caris
  • Anadarko (APC) upgraded to Buy from Hold at Stifel Nicolaus
Wednesday's noteworthy downgrades include:
  • Coventry Health (CVH) downgraded to Market Perform from Outperform at BMO Capital
  • Citigroup (C) downgraded to Neutral from Overweight at JPMorgan
  • IHS Inc. (IHS) downgraded to Equal Weight from Overweight at Morgan Stanley
  • Crown Castle (CCI) downgraded to Neutral from Conviction Buy at Goldman
  • Vodafone (VOD) downgraded to Underperform from Neutral at Exane BNP Paribas
  • EMC (EMC) downgraded to Buy from Conviction Buy at Goldman
Wednesday's noteworthy initiations include:
  • Great Plains Energy (GXP) initiated with a Buy at Citigroup
  • Western Digital (WDC) reinstated with a Neutral at Goldman
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