Analyst calls: ConocoPhillips upgraded

Citrix Systems is upgraded to 'outperform,' and MetroPCS is downgraded to 'market perform.'

By MSN Money Partner Apr 26, 2012 11:39AM
Information provided by Theflyonthewall.com

Thursday's noteworthy upgrades include:  
  • Akamai (AKAM) upgraded to Buy from Hold at Jefferies
  • Allegheny Technologies (ATI) upgraded to Buy from Neutral at Citigroup
  • Citrix Systems (CTXS) upgraded to Outperform from Market Perform at FBR Capital
  • ConocoPhillips (COP) upgraded to Neutral from Underperform at Macquarie
  • Harley-Davidson (HOG) upgraded to Overweight from Equal Weight at Barclays
  • O'Reilly Automotive (ORLY) upgraded to Outperform from Market Perform at William Blair
  • Rockwell Automation (ROK) upgraded to Equal Weight from Underweight at Morgan Stanley
  • Travelers (TRV) upgraded to Hold from Sell at Deutsche Bank
  • Watson Pharmaceuticals (WPI) upgraded to Buy from Neutral at Citigroup
Thursday's noteworthy downgrades include:  
  • General Dynamics (GD) downgraded to Equal Weight from Overweight at Morgan Stanley
  • Hess Corp. (HES) downgraded to Equal Weight from Overweight at Barclays, and to Neutral from Outperform at Credit Suisse, and to Neutral from Overweight at JPMorgan
  • MeadWestvaco (MWV) downgraded to Sector Perform from Outperform at RBC Capital
  • SAP (SAP) downgraded to Market Perform from Outperform at Wells Fargo
  • MetroPCS (PCS) downgraded to Market Perform from Outperform at William Blair, and to Perform from Outperform at Oppenheimer
Thursday's noteworthy initiations include:  
  • Forest Labs (FRX) initiated with a Hold at Auriga
  • Medicis (MRX) initiated with a Buy at Auriga
  • Henry Schein (HSIC) initiated with a Neutral at SunTrust
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