Analyst calls: RIM upgraded
Oracle is downgraded to 'hold,' while GM and Ford are initiated with a 'buy.'
Wednesday's noteworthy upgrades include:
- Research in Motion (RIMM) upgraded to Buy from Hold at ThinkEquity
- Hershey (HSY) upgraded to Buy from Neutral at BofA/Merrill
- Cobalt (CIE) upgraded to Buy from Neutral at Goldman
- Amphenol (APH) upgraded to Top Pick from Outperform at RBC Capital
- Coca-Cola Enterprises (CCE) upgraded to Buy from Hold at Argus
- JP Morgan (JPM) downgraded to Neutral from Buy at Sterne Agee
- Coventry Health (CVH) downgraded to Sell from Hold at Deutsche Bank
- AT&T (T) downgraded to Hold from Buy at Argus
- Carnival (CCL) downgraded to Market Perform from Strong Buy at Raymond James
- Oracle (ORCL) downgraded to Hold from Buy at Societe Generale
- General Motors (GM) initiated with a Buy at Sterne Agee
- Ford (F) initiated with a Buy at Sterne Agee
- Cree (CREE) initiated with a Buy at Needham
- Electronic Arts (ERTS) initiated with an Outperform at Macquarie
- Activision Blizzard (ATVI) initiated with an Outperform at Macquarie
- Take-Two (TTWO) initiated with an Outperform at Macquarie.
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The company has made at least 4 acquisitions in the space, and few people have paid any attention.
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