Analyst calls: Saks downgraded to 'underperform'

Scripps Networks is upgraded to 'buy' at Goldman, and Panera Bread is initiated with a 'buy' at KeyBanc.

By MSN Money Partner Jul 13, 2012 11:40AM
Information provided by Theflyonthewall.com

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
Friday's noteworthy downgrades include:  
  • 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
Friday's noteworthy initiations include:  
  • 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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