Analyst calls: McDonald's upgraded
Disney is downgraded to 'above average' and Time Warner is upgraded to 'market perform.'
Monday's noteworthy upgrades include:
- Duke Energy (DUK) upgraded to Outperform from Neutral at Credit Suisse
- NVIDIA (NVDA) upgraded to Buy from Neutral at UBS
- NetApp (NTAP) upgraded to Buy from Hold at Cantor
- Time Warner (TWX) upgraded to Market Perform from Underperform at Bernstein
- McDonald's (MCD) upgraded to Buy from Outperform at CLSA
Monday's noteworthy downgrades include:
- AK Steel (AKS) downgraded to Hold from Buy at Dahlman Rose and to Sell from Neutral at Goldman
- Progressive (PGR) downgraded to Underweight from Equal Weight at Evercore
- Southern Company (SO) downgraded to Neutral from Outperform at Credit Suisse
- Watson Pharmaceuticals (WPI) downgraded to Neutral from Overweight at Piper Jaffray
- Disney (DIS) downgraded to Above Average from Buy at Caris
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These companies won't soar like other plays in the sector, but they make for great income sources.
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