Analyst calls: AB InBev upgraded and downgraded
Constellation Brands is downgraded to 'neutral,' and Verizon is upgraded to 'overweight.'
Friday's noteworthy upgrades include:
- AB InBev (BUD) upgraded to Outperform from Market Perform at Bernstein
- Arthur J. Gallagher (AJG) upgraded to Outperform from Market Perform at William Blair
- Deutsche Bank (DB) upgraded to Buy from Neutral at Citigroup
- Ericsson (ERIC) upgraded to Neutral from Underperform at Credit Suisse, and to Conviction Buy from Neutral at Goldman
- GameStop (GME) upgraded to Overweight from Neutral at Piper Jaffray
- Oracle (ORCL) upgraded to Outperform from Market Perform at BMO Capital
- Verizon (VZ) upgraded to Overweight from Neutral at Piper Jaffray
- Wynn Resorts (WYNN) upgraded to Buy from Neutral at Janney Capital
- AB InBev (BUD) downgraded to Hold from Buy at Societe Generale
- Alkermes (ALKS) downgraded to Neutral from Buy at BofA/Merrill
- Bob Evans (BOBE) downgraded to Hold from Buy at KeyBanc
- Constellation Brands (STZ) downgraded to Neutral from Buy at BofA/Merrill
- HSBC (HBC) downgraded to Neutral from Buy at Citigroup
- MasterCard (MA) downgraded to Market Perform from Outperform at Wells Fargo
- Royal Dutch Shell (RDS.A) downgraded to Underperform from Neutral at BofA/Merrill
- Time Warner Cable (TWC) downgraded to Hold from Buy at Deutsche Bank, and to Neutral from Buy at Guggenheim
- UPS (UPS) downgraded to Neutral from Buy at Citigroup
- Viacom (VIAB) downgraded to Neutral from Overweight at Piper Jaffray
- Whirlpool (WHR) downgraded to Outperform from Strong Buy at Raymond James
- Electronic Arts (EA) downgraded to Neutral from Long-Term Buy at Hilliard Lyons
- Krispy Kreme (KKD) downgraded to Neutral from Buy at B. Riley Caris
- Hess Corp. (HES) downgraded to Accumulate from Buy at Global Hunter
- Men's Wearhouse (MW) downgraded to Neutral from Outperform at Cowen
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Traders might want to bite on BABA, but long-term investors have reasons to wait.
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