Analyst calls: McDonald's downgraded

Research In Motion is upgraded to 'sector perform,' and Pfizer is initiated with an 'outperform.'

By MSN Money Partner Sep 28, 2012 11:52AM
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Friday's noteworthy upgrades include:  
  • Syngenta (SYT) upgraded to Overweight from Neutral at HSBC
  • Actuant (ATU) upgraded to Buy from Neutral at SunTrust
  • Research In Motion (RIMM) upgraded to Sector Perform at Scotia Capital
Friday's noteworthy downgrades include:  
  • ArcelorMittal (MT) downgraded to Neutral from Outperform at Macquarie
  • Caterpillar (CAT) downgraded to Neutral from Buy at BofA/Merrill
  • McDonald's (MCD) downgraded to Neutral from Buy at Janney Capital
  • United Technologies (UTX) downgraded to Perform from Outperform at Oppenheimer
  • TJX (TJX) downgraded to Neutral from Buy at Buckingham
Friday's noteworthy initiations include:  
  • Pfizer (PFE) initiated with an Outperform at BMO Capital
  • Deere (DE) reinstated with a Buy at BofA/Merrill
  • Devon Energy (DVN) initiated with an Outperform at Credit Suisse
  • MarkWest Energy (MWE) initiated with an Overweight at Stephens
  • Marvell (MRVL) initiated with a Hold at Brean Murray
  • Nvidia (NVDA) initiated with a Hold at Brean Murray
  • Qualcomm (QCOM) initiated with a Buy at Brean Murray
  • Skyworks (SWKS) initiated with a Buy at Brean Murray
  • Avago (AVGO) initiated with a Buy at Brean Murray
  • Broadcom (BRCM) initiated with a Buy at Brean Murray
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