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.
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
- 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
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The solid report comes a month after the retailer closed all of its Canadian operations.
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