Analyst calls: Amazon upgraded
McDonald's is downgraded to 'neutral,' and Akamai is upgraded to 'buy.'
Tuesday's noteworthy upgrades include:
- Akamai (AKAM) upgraded to Buy from Neutral at Janney Capital
- Amazon.com (AMZN) upgraded to Outperform from Neutral at Credit Suisse
- Cepheid (CPHD) upgraded to Buy from Neutral at UBS
- Flextronics (FLEX) upgraded to Buy from Neutral at BofA/Merrill
- Jabil Circuit (JBL) upgraded to Buy from Neutral at BofA/Merrill
- Juniper (JNPR) upgraded to Buy from Neutral at BofA/Merrill
- Silver Wheaton (SLW) upgraded to Outperform from Neutral at Macquarie
- Dominion (D) upgraded to Buy from Hold at Jefferies
- Southern Company (SO) upgraded to Buy from Hold at Jefferies
- Applied Materials (AMAT) downgraded to Hold from Buy at Needham
- McDonald's (MCD) downgraded to Neutral from Outperform at Cowen
- Thermo Fisher (TMO) downgraded to Neutral from Buy at Mizuho
- Xcel Energy (XEL) downgraded to Hold from Buy at Jefferies
- Life Technologies (LIFE) downgraded to Neutral from Buy at Mizuho
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The company is scrambling to protect its equities arm, which could face declining volume and revenue as competitors close the gap.
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