Analyst calls: Saks downgraded to 'underperform'
Scripps Networks is upgraded to 'buy' at Goldman, and Panera Bread is initiated with a 'buy' at KeyBanc.
Friday's noteworthy upgrades include:
- CMS Energy (CMS) upgraded to Outperform from Market Perform at Wells Fargo
- Cabot Oil & Gas (COG) upgraded to Outperform from Neutral at RW Baird
- Digital Realty (DLR) upgraded to Buy from Hold at Jefferies
- Kinder Morgan Energy (KMP) upgraded to Neutral from Sell at Citigroup
- Kinder Morgan (KMI) upgraded to Buy from Neutral at Citigroup
- Scripps Networks (SNI) upgraded to Buy from Sell at Goldman
- Dean Foods (DF) downgraded to Neutral from Buy at Goldman
- Discovery (DISCA) downgraded to Sell from Neutral at Goldman
- Edwards Lifesciences (EW) downgraded to Neutral from Outperform at Credit Suisse
- Infosys (INFY) downgraded to Equal Weight from Overweight at Barclays
- NetSuite (N) downgraded to Neutral from Outperform at Credit Suisse
- Saks (SKS) downgraded to Underperform from Neutral at BofA/Merrill
- Total System (TSS) downgraded to Equal Weight from Overweight at Barclays
- Brinker (EAT) initiated with a Buy at KeyBanc
- Cracker Barrel (CBRL) initiated with a Buy at KeyBanc
- Jack in the Box (JACK) initiated with a Buy at KeyBanc
- Panera Bread (PNRA) initiated with a Buy at KeyBanc
- Papa John's (PZZA) initiated with a Buy at KeyBanc
- Texas Roadhouse (TXRH) initiated with a Buy at KeyBanc
- General Growth (GGP) initiated with a Market Perform at Wells Fargo
- JetBlue (JBLU) initiated with an Outperform at Imperial Capital
- Questcor (QCOR) initiated with a Buy at BofA/Merrill
- Salesforce.com (CRM) initiated with a Buy at ThinkEquity
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Excitement is growing about the company's new iPhone, expected this fall.
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