Analyst calls: Apple downgraded
Mosaic is upgraded to 'outperform,' and General Electric is downgraded to 'neutral.'
Monday's noteworthy upgrades include:
- ArcelorMittal (MT) upgraded to Buy from Neutral at UBS
- Banco Bilbao (BBVA) upgraded to Hold from Sell at Societe Generale
- Best Buy (BBY) upgraded to Overweight from Neutral at Piper Jaffray
- Citigroup (C) upgraded to Buy from Neutral at UBS
- Masco (MAS) upgraded to Outperform from Sector Perform at RBC Capital
- Smithfield Foods (SFD) upgraded to Neutral from Underperform at BofA/Merrill
- Mosaic (MOS) upgraded to Outperform from Sector Perform at Scotia Capital
- Genworth (GNW) upgraded to Outperform from Underperform at Scotia Capital
- Adobe (ADBE) downgraded to Neutral from Buy at BofA/Merrill
- Altera (ALTR) downgraded to Neutral from Buy at UBS
- DaVita (DVA) downgraded to Neutral from Buy at SunTrust
- Intuit (INTU) downgraded to Neutral from Buy at BofA/Merrill
- Mylan (MYL) downgraded to Hold from Buy at Canaccord
- NVIDIA (NVDA) downgraded to Negative from Neutral at Susquehanna
- Peabody Energy (BTU) downgraded to Market Perform from Outperform at BMO Capital
- Sun Life Financial (SLF) downgraded to Underperform from Sector Perform at Scotia Capital
- General Electric (GE) downgraded to Neutral from Buy at Nomura
- Apple (AAPL) downgraded to Outperform from Buy at CLSA
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As geopolitical tensions threaten to spin out of control, investors are wondering how best to position their portfolios for the global turmoil.
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