Analyst calls: Apple downgraded

Mosaic is upgraded to 'outperform,' and General Electric is downgraded to 'neutral.'

By MSN Money Partner Mar 11, 2013 11:09AM
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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
Monday's noteworthy downgrades include:
  • stock market comstockAdobe (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
Monday's noteworthy initiations include:
  • EMC (EMC) initiated with a Buy at Longbow
  • Fusion-io (FIO) initiated with a Neutral at Longbow
  • Seagate (STX) initiated with a Neutral at Longbow
  • Western Digital (WDC) initiated with a Neutral at Longbow
  • UPS (UPS) coverage resumed with an Equal Weight at Morgan Stanley
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