Analyst calls: Dean Foods upgraded
Cree is downgraded to 'neutral,' and Zale is initiated with an 'overweight.'
Tuesday's noteworthy upgrades include:
- Allscripts (MDRX) upgraded to Buy from Neutral at Citigroup
- Dean Foods (DF) upgraded to Buy from Neutral at Janney Capital
- Fusion-io (FIO) upgraded to Buy from Neutral at UBS
- Wellpoint (WLP) upgraded to Buy from Hold at Jefferies
- Applied Materials (AMAT) upgraded to Outperform from Sector Perform at Pacific Crest
- Weyerhaeuser (WY) upgraded to Strong Buy from Outperform at Raymond James
- Cree (CREE) downgraded to Neutral from Buy at Sterne Agee
- KB Home (KBH) downgraded to Market Perform from Outperform at Raymond James
- Ryland Group (RYL) downgraded to Underperform from Market Perform at Raymond James
- Vivus (VVUS) downgraded to Neutral from Buy at Lazard Capital
- CBS (CBS) initiated with an Outperform at BMO Capital
- Disney (DIS) initiated with an Outperform at BMO Capital
- Monster Beverage (MNST) initiated with an Overweight at Morgan Stanley
- News Corp. (NWSA) initiated with a Market Perform at BMO Capital
- Time Warner (TWX) initiated with a Market Perform at BMO Capital
- Viacom (VIA.B) initiated with a Market Perform at BMO Capital
- Blue Nile (NILE) initiated with an Equal Weight at Stephens
- Fossil (FOSL) initiated with an Equal Weight at Stephens
- Zale (ZLC) initiated with an Overweight at Stephens
- CarMax (KMX) initiated with a Buy at Nomura
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The expected $3.36 billion offering from Citizens Financial Group won't come close to Alibaba's, but it will be an important one for the market.
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