Analyst calls: Cisco upgraded to 'overweight'

PepsiCo is upgraded to 'outperform,' and KLA-Tencor is downgraded to 'underweight.'

By MSN Money Partner May 16, 2012 11:03AM
Information provided by Theflyonthewall.com

Wednesday's noteworthy upgrades include:  
  • Cisco (CSCO) upgraded to Overweight from Equal Weight at Barclays
  • Akamai (AKAM) upgraded to Neutral from Sell at Citigroup
  • Fossil (FOSL) upgraded to Buy from Neutral at Citigroup
  • Seadrill (SDRL) upgraded to Buy from Neutral at Citigroup
  • PepsiCo (PEP) upgraded to Outperform from Underperform at CLSA
  • SandRidge Energy (SD) upgraded to Hold from Sell at Canaccord
  • Weatherford (WFT) upgraded to Overweight from Neutral at JPMorgan
  • Dunkin' Brands (DNKN) upgraded to Buy from Hold at Argus
  • Total (TOT) upgraded to Equal Weight from Underweight at Morgan Stanley
Wednesday's noteworthy downgrades include:  
  • Baker Hughes (BHI) downgraded to Neutral from Overweight at JPMorgan
  • KLA-Tencor (KLAC) downgraded to Underweight from Neutral at JPMorgan
  • Lam Research (LRCX) downgraded to Underweight from Neutral at JPMorgan
  • Novellus (NVLS) downgraded to Underweight from Neutral at JPMorgan
  • Aetna (AET) downgraded to Hold from Buy at Argus
Wednesday's noteworthy initiations include:  
  • LSI Corp. (LSI) initiated with an Outperform at Pacific Crest
  • Ocean Rig UDW (ORIG) initiated with a Buy at Deutsche Bank
  • Xylem (XYL) initiated with an Overweight at Atlantic Equities
0Comments

DATA PROVIDERS

Copyright © 2014 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.

120
120 rated 1
268
268 rated 2
439
439 rated 3
709
709 rated 4
641
641 rated 5
609
609 rated 6
640
640 rated 7
516
516 rated 8
272
272 rated 9
152
152 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
EXCEXELON CORPORATION10
TAT&T Inc9
VZVERIZON COMMUNICATIONS8
CTLCENTURYLINK Inc8
AAPLAPPLE Inc10
More

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.