Analyst calls: Facebook upgraded to 'buy'
AstraZeneca is downgraded to 'underweight,' and Oracle is initiated with a 'buy.'
Monday's noteworthy upgrades include:
- Facebook (FB) upgraded to Buy from Hold at Capstone
- Ross Stores (ROST) upgraded to Buy from Neutral at BofA/Merrill
- Statoil (STO) upgraded to Top Pick from Sector Perform at RBC Capital
- Gap (GPS) upgraded to Hold from Sell at ISI Group
- AstraZeneca (AZN) downgraded to Underweight from Neutral at JPMorgan
- PSEG (PEG) downgraded to Underweight from Equal Weight at Morgan Stanley
- Pharmacyclics (PCYC) downgraded to Neutral from Buy at Roth Capital
- Public Storage (PSA) downgraded to Underperform from Sector Perform at RBC Capital
- Stanley Black & Decker (SWK) downgraded to Equal Weight from Overweight at Barclays
- Telecom Italia (TI) downgraded to Neutral from Overweight at JPMorgan
- ZAGG (ZAGG) downgraded to Neutral from Buy at Janney Capital
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