Analyst calls: McDonald's downgraded
Research In Motion is upgraded to 'sector perform,' and Pfizer is initiated with an 'outperform.'
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
- 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
- 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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The apparel chain takes a hard hit after blaming the weather for its quarterly sales decline. But cold temperatures don't explain the drop in full-year sales as well.
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