Analyst calls: Salesforce.com upgraded to 'buy'

Deckers Outdoor downgraded to 'neutral,' and Gap downgraded to 'underperform.'

By MSN Money Partner Feb 24, 2012 12:18PM
Information provided by Theflyonthewall.com

Friday's noteworthy upgrades include:
  • Target (TGT) upgraded to Buy from Hold at Jefferies
  • Marriott (MAR) upgraded to Conviction Buy from Buy at Goldman
  • Baxter (BAX) upgraded to Neutral from Sell at Citigroup
  • Under Armour (UA) upgraded to Overweight from Equal Weight at Morgan Stanley
  • AvalonBay (AVB) upgraded to Outperform from Underperform at Credit Suisse
  • Procter & Gamble (PG) upgraded to Buy from Neutral at Buckingham
  • Salesforce.com (CRM) upgraded to Buy from Hold at ThinkEquity
Friday's noteworthy downgrades include:
  • Deckers Outdoor (DECK) downgraded to Neutral from Outperform at Credit Suisse
  • Trina Solar (TSL) downgraded to Market Perform from Outperform at Wells Fargo
  • Newfield Exploration (NFX) downgraded to Equal Weight from Overweight at Barclays
  • NII Holdings (NIHD) downgraded to Neutral from Overweight at JPMorgan
  • Gap (GPS) downgraded to Underperform from Market Perform at Raymond James
Friday's noteworthy initiations include:
  • ARM Holdings (ARMH) initiated with an Overweight at Piper Jaffray
  • Wipro (WIT) initiated with a Perform at Oppenheimer
  • Nike (NKE) initiated with an Equal Weight at Morgan Stanley
  • ProLogis (PLD) initiated with a Buy at Cantor
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