Analyst calls: GE upgraded to 'outperform'
Two analysts upgraded LinkedIn. Exxon Mobil was upgraded to 'buy' while Altria was initiated with a 'buy.'
Tuesday's noteworthy upgrades include:
- General Electric (GE) upgraded to Outperform from Market Perform at Bernstein
- Texas Instruments (TXN) upgraded to Outperform from Market Perform at JMP Securities
- LinkedIn (LNKD) was upgraded to Overweight from Neutral at JP Morgan and to Overweight from Equal Weight at Morgan Stanley
- Canadian Pacific (CP) upgraded to Equal Weight from Underweight at Barclays
- Exxon Mobil (XOM) upgraded to Buy from Hold at ISI Group
- Ingersoll-Rand (IR) downgraded to Neutral from Buy at Sterne Agee
- Canadian National (CNI) downgraded to Underweight from Equal Weight at Barclays
- Altria Group (MO) initiated with a Buy at Deutsche Bank
- Reynolds American (RAI) initiated with a Hold at Deutsche Bank
- Forest Labs (FRX) initiated with a Buy at Cantor
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The idea of US crude being a shelter from turmoil abroad may not be as far fetched as it seems.
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