Analyst calls: United Continental upgraded
TiVo is downgraded at 2 firms, and Morgan Stanley is initiated with an 'outperform.'
Friday's noteworthy upgrades include:
- Abercrombie & Fitch (ANF) upgraded to Buy from Neutral at BofA/Merrill
- Broadcom (BRCM) upgraded to Outperform from Neutral at Macquarie
- Brocade (BRCD) upgraded to Buy from Neutral at ISI Group
- J.M. Smucker (SJM) upgraded to Buy from Hold at Gabelli
- Kroger (KR) upgraded to Buy from Neutral at Cleveland Research
- Tyson Foods (TSN) upgraded to Overweight from Equal Weight at Stephens
- United Continental (UAL) upgraded to Neutral from Sell at Goldman
- Vale (VALE) upgraded to Outperform from Underperform at Bernstein
- Yum Brands (YUM) upgraded to Buy from Neutral at UBS
- Lululemon (LULU) upgraded to Underperform from Sell at CLSA
- Alpha Natural (ANR) downgraded to Underperform from Outperform at Raymond James
- Arch Coal (ACI) downgraded to Underperform from Market Perform at Raymond James
- Intel (INTC) downgraded to Underweight from Neutral at Piper Jaffray
- JPMorgan (JPM) downgraded to Neutral from Outperform at Macquarie
- MannKind (MNKD) downgraded to Neutral from Buy at BofA/Merrill
- Peabody Energy (BTU) downgraded to Market Perform from Outperform at Raymond James
- Sprint (S) downgraded to Neutral from Buy at Nomura
- TiVo (TIVO) downgraded to Equal Weight from Overweight at Barclays and to Neutral from Buy at Lazard Capital
- VMware (VMW) downgraded to Hold from Buy at Drexel Hamilton
- Rue21 (RUE) downgraded to Hold from Buy at Jefferies
- ARM Holdings (ARMH) initiated with a Hold at Topeka
- Bank of America (BAC) initiated with an Underperform at Macquarie
- Broadcom (BRCM) initiated with a Buy at Topeka
- Citigroup (C) initiated with an Outperform at Macquarie
- Garmin (GRMN) initiated with an Outperform at Raymond James
- Goldman Sachs (GS) coverage resumed with a Neutral at Macquarie
- Mellanox (MLNX) initiated with a Hold at Topeka
- Morgan Stanley (MS) initiated with an Outperform at Macquarie
- Qualcomm (QCOM) initiated with a Hold at Topeka
- Take-Two (TTWO) initiated with a Buy at Stifel
- Wolverine World Wide (WWW) initiated with a Neutral at Piper Jaffray
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The solid report comes a month after the retailer closed all of its Canadian operations.
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