Analyst calls: Akamai upgraded
Cheesecake Factory is upgraded to 'neutral,' and Intuit is downgraded to 'neutral.'
Thursday's noteworthy upgrades include:
- Akamai (AKAM) upgraded to Overweight from Neutral at JPMorgan
- Apple (AAPL) upgraded to Buy from Long-Term Buy at Hilliard Lyons
- Canadian Pacific (CP) upgraded to Outperform from Market Perform at Raymond James
- F5 Networks (FFIV) upgraded to Buy from Neutral at Nomura
- Procter & Gamble (PG) upgraded to Buy from Neutral at SunTrust
- Yum Brands (YUM) upgraded to Market Perform from Underperform at Raymond James
- Wellpoint (WLP) upgraded to Buy from Neutral at Monness Crespi
- Cheesecake Factory (CAKE) upgraded to Neutral from Underperform at Buckingham
- Western Digital (WDC) upgraded to Outperform from Sector Perform at FBN Securities
- Waste Management (WM) upgraded to Buy from Hold at Wunderlich
- Air Products (APD) downgraded to Neutral from Overweight at Atlantic Equities
- Intuit (INTU) downgraded to Neutral from Buy at Citigroup, and to Market Perform from Outperform at Raymond James
- McGraw-Hill (MHP) downgraded to Hold from Buy at Jefferies
- T. Rowe Price (TROW) downgraded to Market Perform from Outperform at Wells Fargo
- Procter & Gamble (PG) downgraded to Neutral from Buy at B. Riley
- Western Digital (WDC) downgraded to Hold from Buy at Craig-Hallum
- VMware (VMW) downgraded at Bernstein
- First Solar (FSLR) downgraded to Underperform from Market Perform at Raymond James
- Mellanox (MLNX) downgraded to Hold from Buy at Needham
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Bill Stiritz owns more than 5% of the company, and has experienced an estimated $145 million in paper losses on his investment.
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