Analyst calls: Marriott downgraded

Bank of New York Mellon initiated with a 'buy,' and DirecTV upgraded to 'buy.'

By MSN Money Partner Sep 25, 2012 10:54AM
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Tuesday's noteworthy initiations include: 
  • BNY Mellon (BK) initiated with a Buy at Citigroup
  • Genomic Health (GHDX) initiated with an Outperform at Credit Suisse 
  • Pandora (P) initiated with a Reduce at Nomura 
  • State Street (STT) initiated with a Buy at Citigroup  


Tuesday's noteworthy downgrades include:  
  • Automatic Data Processing (ADP) downgraded to Neutral from Buy at UBS
  • Marriott (MAR) downgraded to Market Perform from Outperform at Keefe Bruyette.
  • Nokia (NOK) downgraded to Underperform from Market Perform at BMO Capital
  • Coinstar (CSTR) downgraded to Market Perform from Outperform at Northland Securities. 

Tuesday's noteworthy upgrades include: 
  • Buffalo Wild Wings (BWLD) upgraded to Outperform from Sector Perform at RBC Capital
  • TiVo (TIVO) upgraded to Buy from Neutral at Lazard Capital
  • DirecTV (DTV) upgraded to Buy from Hold at Hudson Square
  • Time Warner Cable (TWC) upgraded to Buy from Hold at Hudson Square. 
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