Analyst calls: Morgan Stanley upgraded to 'buy'

Salesforce.com is upgraded to 'buy,' and Dendreon is initiated with a 'sell.'

By MSN Money Partner May 18, 2012 11:04AM
Information provided by Theflyonthewall.com

Friday's noteworthy upgrades include:  
  • CME Group (CME) upgraded to Overweight from Equal Weight at Evercore
  • AutoZone (AZO) upgraded to Outperform from Neutral at Credit Suisse
  • Canadian Pacific (CP) upgraded to Buy from Neutral at Citigroup
  • Morgan Stanley (MS) upgraded to Buy from Neutral at UBS
  • Salesforce.com (CRM) upgraded to Buy from Outperform at CLSA
  • Sprint (S) upgraded to Buy from Neutral at Guggenheim
Friday's noteworthy downgrades include:  
  • Bankrate (RATE) downgraded to Neutral from Buy at Goldman
  • Cavium Networks (CAVM) downgraded to Neutral from Buy at UBS
  • Cypress Semi (CY) downgraded to Neutral from Buy at UBS
  • GameStop (GME) downgraded to Average from Buy at Caris
Friday's noteworthy initiations include:  
  • Bristol-Myers (BMY) initiated with an Outperform at BMO Capital
  • Merck (MRK) initiated with a Market Perform at BMO Capital
  • Corning (GLW) initiated with a Neutral at Susquehanna
  • Cree (CREE) initiated with a Positive at Susquehanna
  • Mattel (MAT) initiated with a Buy at SunTrust
  • Micron (MU) initiated with a Buy at ThinkEquity
  • SanDisk (SNDK) initiated with a Hold at ThinkEquity
  • Dendreon (DNDN) initiated with a Sell at Maxim
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