Analyst calls: Halliburton upgraded
Cablevision is downgraded to 'sell' at Goldman, Time Warner Cable is upgraded to 'overweight' at JPMorgan.
Thursday's noteworthy upgrades include:
- Abercrombie & Fitch (ANF) upgraded to Buy from Neutral at Sterne Agee and to Neutral from Underperform at Credit Suisse
- Prudential (PRU) upgraded to Top Pick from Outperform at RBC Capital
- Time Warner Cable (TWC) upgraded to Overweight from Neutral at JPMorgan
- Express Scripts (ESRX) upgraded to Buy from Neutral at Citigroup
- Halliburton (HAL) upgraded to Buy from Underperform at CLSA
- China Telecom (CHA) upgraded to Outperform from Neutral at Credit Suisse
- Baker Hughes (BHI) upgraded to Buy from Outperform at CLSA
- Cablevision (CVC) downgraded to Sell from Neutral at Goldman
- Paychex (PAYX) downgraded to Neutral from Outperform at Credit Suisse
- Cabot Oil & Gas (COG) downgraded to Hold from Buy at Societe Generale
- Teavana (TEA) downgraded to Hold from Buy at KeyBanc and to Market Perform from Outperform at William Blair
- IAMGOLD (IAG) downgraded to Underperform from Neutral at Credit Suisse and to Sector Performer from Sector Outperformer at CIBC
- LG Display (LPL) downgraded to Neutral from Positive at Avian
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The company is scrambling to protect its equities arm, which could face declining volume and revenue as competitors close the gap.
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