Analyst calls: JC Penney downgraded

TSMC is upgraded to 'conviction buy,' and Garmin is downgraded to 'sell.'

By MSN Money Partner Nov 12, 2012 12:52PM
fly logoInformation provided by Theflyonthewall.com

Monday's noteworthy upgrades include:
  • Comerica (CMA) upgraded to Neutral from Sell at Citigroup
  • Disney (DIS) upgraded to Buy from Neutral at Citigroup
  • Energy Transfer Partners (ETP) upgraded to Buy from Neutral at BofA/Merrill
  • Navistar (NAV) upgraded to Outperform from Neutral at RW Baird
  • TripAdvisor (TRIP) upgraded to Overweight from Underweight at Morgan Stanley
  • Arch Coal (ACI) upgraded to Market Perform from Underperform at BMO Capital
  • Alpha Natural (ANR) upgraded to Market Perform from Underperform at BMO Capital
  • TSMC (TSM) upgraded to Conviction Buy from Neutral at Goldman
  • Atlantic Power (AT) upgraded to Buy from Hold at Desjardins
  • NYSE Euronext (NYX) upgraded to Buy from Hold at Stifel Nicolaus
comstockMonday's noteworthy downgrades include:
  • Caterpillar (CAT) downgraded to Neutral from Overweight at JPMorgan
  • Garmin (GRMN) downgraded to Sell from Neutral at Goldman
  • J.C. Penney (JCP) downgraded to Underperform from Neutral at Credit Suisse
  • Johnson & Johnson (JNJ) downgraded to Hold from Buy at Jefferies
  • Vertex (VRTX) downgraded to Neutral from Outperform at Credit Suisse
  • Bristol-Meyers (BMY) downgraded to Market Perform from Outperform at BMO Capital
  • Petrobras (PBR) downgraded to Neutral from Buy at BofA/Merrill
  • Hess Corp. (HES) downgraded to Market Perform from Outperform at Howard Weil
Monday's noteworthy initiations include:
  • Dendreon (DNDN) initiated with a Buy at Needham
  • McDonald's (MCD) initiated with a Buy at Davenport
  • Yum Brands (YUM) initiated with a Buy at Davenport
0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

111
111 rated 1
272
272 rated 2
474
474 rated 3
656
656 rated 4
638
638 rated 5
699
699 rated 6
623
623 rated 7
486
486 rated 8
260
260 rated 9
128
128 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
DYNDYNEGY Inc10
TAT&T Inc9
VZVERIZON COMMUNICATIONS9
EXCEXELON CORPORATION8
AAPLAPPLE Inc10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.