Analyst calls: Google downgraded at Wells Fargo

OfficeMax, Office Depot, RadioShack are upgraded at Barclays. LinkedIn is initiated with 'outperform.'

By MSN Money Partner Jan 18, 2012 11:54AM
Information provided by Theflyonthewall.com

Wednesday's noteworthy upgrades include:
  • OfficeMax (OMX) upgraded to Equal Weight from Underweight at Barclays
  • Office Depot (ODP) upgraded to Equal Weight from Underweight at Barclays
  • RadioShack (RSH) upgraded to Equal Weight from Underweight at Barclays
  • MGM Resorts (MGM) upgraded to Neutral from Underperform at Credit Suisse
  • Williams-Sonoma (WSM) upgraded to Strong Buy from Market Perform at Raymond James
  • Cree (CREE) upgraded to Buy from Hold at ThinkEquity
  • Cardinal Health (CAH) upgraded to Buy from Neutral at Cleveland Research
Wednesday's noteworthy downgrades include:
  • Google (GOOG) downgraded to Market Perform from Outperform at Wells Fargo
  • DirecTV (DTV) downgraded to Neutral from Buy at UBS
  • Guess (GES) downgraded to Neutral from Overweight at Piper Jaffray
  • Cree (CREE) downgraded to Neutral from Buy at Ticonderoga
  • HCP Inc. (HCP) downgraded to Underperform from Neutral at BofA/Merrill
  • Health Care REIT (HCN) downgraded to Neutral from Buy at BofA/Merrill
  • Chesapeake (CHK) downgraded to Hold from Buy at Brean Murray
Wednesday's noteworthy initiations include:
  • Jack in the Box (JACK) initiated with an Underperform at Wedbush
  • Wendy's (WEN) initiated with a Neutral at Wedbush
  • Celanese (CE) initiated with an Overweight at Piper Jaffray
  • Edwards Lifesciences (EW) initiated with a Buy at ThinkEquity
  • LinkedIn (LNKD) initiated with an Outperform at Raymond James
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