Analyst calls: Merck, Oracle, Costco downgraded

Travelers is upgraded to 'conviction buy' at Goldman, while Akamai is downgraded to 'sell' at Citigroup.

By MSN Money Partner Jan 9, 2012 12:01PM
Information provided by Theflyonthewall.com

Monday's noteworthy upgrades include:
  • Broadcom (BRCM) upgraded to Buy from Hold at Deutsche Bank
  • Comcast (CMCSA) upgraded to Outperform from Neutral at Macquarie
  • Hartford Financial (HIG) upgraded to Buy from Neutral at Goldman
  • MetLife (MET) upgraded to Buy from Neutral at Goldman
  • Travelers (TRV) upgraded to Conviction Buy from Buy at Goldman
  • Akamai (AKAM) upgraded to Hold from Underperform at Jefferies
  • J.C. Penney (JCP) upgraded to Hold from Sell at Deutsche Bank
Monday's noteworthy downgrades include:
  • Akamai (AKAM) downgraded to Sell from Neutral at Citigroup
  • Merck (MRK) downgraded to Hold from Buy at Jefferies
  • XL Group (XL) downgraded to Neutral from Buy at Goldman
  • Unum Group (UNM) downgraded to Neutral from Buy at Goldman
  • Principal Financial (PFG) downgraded to Neutral from Buy at Goldman
  • BlackRock (BLK) downgraded to Buy from Conviction Buy at Goldman
  • Sunoco (SUN) downgraded to Neutral from Outperform at Macquarie
  • Abercrombie & Fitch (ANF) downgraded to Hold from Buy at Brean Murray
  • Oracle (ORCL) downgraded to Market Perform from Outperform at BMO Capital
  • Costco (COST) downgraded to Underperform from Market Perform at Bernstein
  • Tyson Foods (TSN) downgraded to Neutral from Buy at Davenport
Monday's noteworthy initiations include:
  • ARM Holdings (ARMH) initiated with an Underperform at Bernstein
  • Coca-Cola Enterprises (CCE) initiated with a Buy at Deutsche Bank
  • Pandora (P) initiated with a Buy at Needham
  • Microchip (MCHP) coverage resumed with a Sector Perform at Pacific Crest.
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.

123
123 rated 1
262
262 rated 2
480
480 rated 3
651
651 rated 4
649
649 rated 5
629
629 rated 6
616
616 rated 7
496
496 rated 8
346
346 rated 9
111
111 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
EXCEXELON CORPORATION9
TAT&T Inc9
VZVERIZON COMMUNICATIONS8
CTLCENTURYLINK Inc8
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.