Analyst calls: Google, Yahoo downgraded
Apple was initiated with a 'buy,' while Nokia was upgraded to 'outperform.'
Thursday's noteworthy upgrades include:
- Barclays (BCS) upgraded to Outperform from Sector Perform at RBC Capital
- Pacific Sunwear (PSUN) upgraded to Buy from Neutral at Janney Capital
- Nokia (NOK) upgraded to Outperform from Underperform at Credit Suisse
- Take-Two (TTWO) upgraded to Buy from Neutral at MKM Partners
- Anadarko (APC) upgraded to Strong Buy from Outperform at Raymond James
- Google (GOOG) downgraded to Hold from Buy at Benchmark Co
- Yahoo (YHOO) downgraded to Hold from Buy at Jefferies
- Boston Beer (SAM) downgraded to Sell from Neutral at Goldman
- Exelon (EXC) downgraded to Neutral from Buy at Citigroup
- Constellation Energy (CEG) downgraded to Neutral from Buy at Citigroup
- Consolidated Edison (ED) downgraded to Neutral from Buy at Citigroup
- BlackRock (BLK) downgraded to Neutral from Buy at Sterne Agee
- Vale (VALE) downgraded to Neutral from Buy at UBS
- J.B. Hunt (JBHT) downgraded to Sector Perform from Outperform at RBC Capital
- C.H. Robinson (CHRW) downgraded to Sector Perform from Outperform at RBC Capital
- Pall (PLL) downgraded to Underperform from Neutral at Macquarie
- Ericsson (ERIC) downgraded to Neutral from Outperform at Credit Suisse
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John Stumpf acknowledges that growth has been slow, but he says he's still optimistic.
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