Analyst calls: Goldman Sachs downgraded

Starbucks is upgraded while McDonald's is downgraded. Zynga is initiated with a 'buy' at Goldman.

By MSN Money Partner Jan 25, 2012 12:25PM
Information provided by Theflyonthewall.com

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
Wednesday's noteworthy downgrades include:
  • 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
Wednesday's noteworthy initiations include:
  • Zynga (ZNGA) initiated with an Overweight at Barclays, with a Buy at Goldman, with a Neutral at BofA/Merrill
  • Dendreon (DNDN) initiated with a Hold at Cantor
  • Michael Kors (KORS) initiated with an Outperform at Wedbush
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