Analyst calls: Philip Morris upgraded to 'buy'

Safeway is downgraded to 'neutral' at Credit Suisse, and WABCO Holdings is initiated with a 'neutral' at Goldman.

By MSN Money Partner Mar 26, 2012 11:11AM
Information provided by Theflyonthewall.com

Monday's noteworthy upgrades include:
  • DTE Energy (DTE) upgraded to Outperform from Neutral at Macquarie
  • Wisconsin Energy (WEC) upgraded to Overweight from Equal Weight at Barclays
  • Philip Morris (PM) upgraded to Buy from Neutral at Davenport
  • Lorillard (LO) upgraded to Buy from Neutral at Davenport
  • Lions Gate (LGF) upgraded to Average from Below Average at Caris
Monday's noteworthy downgrades include:
  • Baker Hughes (BHI) downgraded to Market Perform from Outperform at Wells Fargo
  • Micron (MU) downgraded to Perform from Outperform at Oppenheimer
  • Pearson (PSO) downgraded to Neutral from Outperform at Macquarie
  • Safeway (SWY) downgraded to Neutral from Outperform at Credit Suisse
  • Weyerhaeuser (WY) downgraded to Underperform from Sector Perform at Scotia Capital
Monday's noteworthy initiations include:
  • MGIC Investment (MTG) coverage resumed with a Market Perform at Keefe Bruyette
  • WABCO Holdings (WBC) initiated with a Neutral at Goldman
  • Tidewater (TDW) initiated with a Buy at Global Hunter
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