Analyst calls: American Eagle upgraded

Avon is downgraded to 'sell' at UBS, and financials are downgraded at JMP Securities.

By MSN Money Partner May 21, 2012 11:39AM
Information provided by Theflyonthewall.com

Monday's noteworthy upgrades include:  
  • Alpha Natural (ANR) upgraded to Buy from Hold at Brean Murray
  • American Eagle (AEO) upgraded to Buy from Hold at Brean Murray
  • Group 1 Automotive (GPI) upgraded to Buy from Neutral at Sterne Agee
  • Safeway (SWY) upgraded to Buy from Neutral at Citigroup
  • Boeing (BA) upgraded to Buy from Hold at Argus
Monday's noteworthy downgrades include:  
  • Avon Products (AVP) downgraded to Sell from Neutral at UBS
  • Best Buy (BBY) downgraded to Hold from Buy at BB&T
  • Bank of America (BAC) downgraded to Underperform from Market Perform at JMP Securities
  • Citigroup (C) downgraded to Underperform from Market Perform at JMP Securities
  • Goldman Sachs (GS) downgraded to Underperform from Outperform at JMP Securities
  • JPMorgan (JPM) downgraded to Underperform from Market Perform at JMP Securities
  • Morgan Stanley (MS) downgraded to Underperform from Outperform at JMP Securities
  • Ross Stores (ROST) downgraded to Hold from Buy at Canaccord
  • TJX (TJX) downgraded to Hold from Buy at Canaccord
Monday's noteworthy initiations include:  
  • Alliance Resource (ARLP) initiated with a Buy at Dahlman Rose
  • Splunk (SPLK) initiated with an Overweight at Barclays
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