Analyst calls: JC Penney downgraded to 'sell'
Dendreon is upgraded to 'outperform,' and Aeropostale is downgraded to 'neutral.'
Information provided by Theflyonthewall.comFriday's noteworthy upgrades include:
- Community Health (CYH) upgraded to Buy from Neutral at BofA/Merrill
- Dendreon (DNDN) upgraded to Outperform from Market Perform at Bernstein
- Forest Labs (FRX) upgraded to Neutral from Sell at Goldman
- Mindray Medical (MR) upgraded to Buy from Neutral at Goldman
- NRG Energy (NRG) upgraded to Conviction Buy from Buy at Goldman
- Oasis Petroleum (OAS) upgraded to Outperform from Market Perform at Wells Fargo
- Philip Morris (PM) upgraded to Conviction Buy from Buy at Goldman
- Tenet Healthcare (THC) upgraded to Buy from Neutral at BofA/Merrill
- Ford (F) upgraded to Conviction Buy from Buy at Goldman
- Viacom (VIA) upgraded to Buy from Neutral at Janney Capital
J.C. Penney (JCP) downgraded to Sell from Neutral at UBS with price target on the shares slashed to $13 from $21. Analyst Michale Binetti noted the retailer's earnings outlook is deteriorating, and there are signs that its cash flow is reaching distressed levels. - 3M Company (MMM) downgraded to Underweight from Neutral at JPMorgan
- Aeropostale (ARO) downgraded to Neutral from Overweight at Piper Jaffray
- Calpine (CPN) downgraded to Buy from Conviction Buy at Goldman
- Campbell Soup (CPB) downgraded to Buy from Conviction Buy at Goldman
- Corning (GLW) downgraded to Neutral from Buy at Goldman
- Cummins (CMI) downgraded to Hold from Buy at Jefferies
- Dr Pepper Snapple (DPS) downgraded to Market Perform from Outperform at Bernstein
- Electronic Arts (EA) downgraded to Neutral from Overweight at Piper Jaffray
- General Mills (GIS) downgraded to Sell from Neutral at Goldman
- J.M. Smucker (SJM) downgraded to Neutral from Buy at Goldman
- Research in Motion (RIMM) downgraded to Underperform at BMO Capital
- Watson Pharmaceuticals (WPI) downgraded to Neutral from Buy at Goldman
- Pepco Holdings (POM) downgraded to Neutral from Outperform at Credit Suisse
- BHP Billiton (BHP) downgraded to Neutral from Outperform at Macquarie
- Rio Tinto (RIO) downgraded to Neutral from Outperform at Macquarie
- Wynn Resorts (WYNN) downgraded to Outperform from Buy at CLSA
- Fiserv (FISV) downgraded to Neutral from Overweight at JPMorgan
- Eaton (ETN) downgraded to Neutral from Buy at Buckingham
- Legg Mason (LM) downgraded to Hold from Buy at Sandler O'Neill
- Herbalife (HLF) downgraded to Neutral from Buy at Janney Capital
- Sherwin-Williams (SHW) downgraded to Neutral from Buy at Northcoast
- AIG (AIG) initiated with an Outperform at FBR Capital
- AOL (AOL) initiated with a Hold at Cantor
- comScore (SCOR) initiated with a Hold at Cantor
- D.R. Horton (DHI) initiated with a Buy at BofA/Merrill
- GATX Corp. (GMT) initiated with a Buy at Stifel Nicolaus
- Masco (MAS) initiated with a Buy at BofA/Merrill
- Molson Coors (TAP) initiated with a Buy at Nomura
- Owens Corning (OC) initiated with a Buy at BofA/Merrill
- Salix (SLXP) initiated with an Outperform at RBC Capital
- Shutterstock (SSTK) initiated with a Buy at Cantor
- Discovery (DISCA) coverage resumed with a Neutral at JPMorgan
- VeriSign (VRSN) initiated with a Neutral at B. Riley Caris
- Abbott (ABT) initiated with an Equal Weight at Barclays
- Ciena (CIEN) initiated with a Buy at Maxim
MORE ON MSN MONEY
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
STOCK SCOUTER
StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.
138 | 288 | 457 | 666 | 712 | 619 | 673 | 446 | 271 | 120 |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
LATEST POSTS
Plus, after much ado, Softbank is oh-so-close to acquiring Sprint.
FIDELITY VIEWPOINTS
- How to sell covered calls - Fidelity Investments
- Savvy year-end tax moves to consider now - Fidelity Investments
- Seven ways to prepare for tax changes
- Five reasons an annual review is crucial - Fidelity Investments
- Take a look at mid caps now - Fidelity Investments
- State of the sector: Health care - Fidelity Investments
VIDEO ON MSN MONEY
ABOUT
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.