Analyst calls: Goldman Sachs downgraded
Starbucks is upgraded while McDonald's is downgraded. Zynga is initiated with a 'buy' at Goldman.
Wednesday's noteworthy upgrades include:
- Starbucks (SBUX) upgraded to Outperform from Perform at Oppenheimer
- CSX (CSX) upgraded to Outperform from Neutral at RW Baird
- Regions Financial (RF) upgraded to Outperform from Sector Perform at RBC Capital
- Brinker (EAT) upgraded to Buy from Hold at KeyBanc
- Watson Pharma (WPI) upgraded to Overweight from Equal Weight at Morgan Stanley
- Alkermes (ALKS) upgraded to Buy from Neutral at MKM Partners
- Morgan Stanley (MS) downgraded to Neutral from Overweight at JP Morgan
- Goldman Sachs (GS) downgraded to Neutral from Overweight at JP Morgan
- McDonald's (MCD) downgraded to Perform from Outperform at Oppenheimer
- Potash (POT) downgraded to Sell from Hold at Dahlman Rose
- Oracle (ORCL) downgraded to Neutral from Outperform at Macquarie
- Nvidia (NVDA) downgraded to Underperform from Market Perform at JMP Securities
- KeyCorp (KEY) downgraded to Underperform from Market Perform at Keefe Bruyette
- Baker Hughes (BHI) downgraded to Neutral from Positive at Susquehanna, and to Accumulate from Buy at Global Hunter
- Regions Financial (RF) downgraded to Neutral from Buy at BofA/Merrill
- Kimberly Clark (KMB) downgraded to Neutral from Buy at UBS
- Motorola Solutions (MSI) downgraded to Neutral from Buy at CL King
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John Stumpf acknowledges that growth has been slow, but he says he's still optimistic.
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