Analyst calls: Sarepta downgraded

Target initiated with a 'neutral,' and Microsoft upgraded to 'overweight.'

By MSN Money Partner Apr 16, 2013 11:26AM
Stock market copyright Digital Vision, SuperStocklogoInformation provided by Theflyonthewall.com

Tuesday's noteworthy initiations include:  

Costco (COST) initiated with a Buy at UBS
Target (TGT) initiated with a Neutral at UBS
Wal-Mart (WMT) initiated with a Buy at UBS

Tuesday's noteworthy downgrades include: 

Mack-Cali Realty (CLI) downgraded to Hold from Buy at Deutsche Bank
Sarepta (SRPT) downgraded to Market Perform from Outperform at Leerink
Sunoco Logistics (SXL) downgraded to Neutral from Buy at Citigroup
Life Technologies (LIFE) downgraded to Neutral from Outperform at Macquarie 

Tuesday's noteworthy upgrades include: 

DreamWorks (DWA) upgraded to Buy from Sell at B. Riley Caris
Duke Energy (DUK) upgraded to Outperform from Sector Perform at RBC Capital
Microsoft (MSFT) upgraded to Overweight from Equal Weight at Morgan Stanley
Sprint (S) upgraded to Overweight from Neutral at JPMorgan 

(Microsoft owns and publishes Top Stocks, an MSN Money site.)
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