Analyst calls: Bed Bath & Beyond downgraded

General Motors is upgraded to 'buy,' and Alcoa is downgraded to 'hold .'

By MSN Money Partner Sep 18, 2012 11:33AM
Information provided by Theflyonthewall.comlogo

Tuesday's noteworthy upgrades include:  
  • Broadcom (BRCM) upgraded to Outperform from Sector Perform at RBC Capital
  • Lamar Advertising (LAMR) upgraded to Conviction Buy from Neutral at Goldman
  • TASER (TASR) upgraded to Overweight from Neutral at JPMorgan
  • General Motors (GM) upgraded to Buy from Neutral at Buckingham
Tuesday's noteworthy downgrades include:  
  • Abbott (ABT) downgraded to Market Perform from Outperform at Leerink
  • Alcoa (AA) downgraded to Hold from Buy at Jefferies
  • Bed Bath & Beyond (BBBY) downgraded to Perform from Outperform at Oppenheimer
  • Boston Scientific (BSX) downgraded to Market Perform from Outperform at Leerink
  • Intel (INTC) downgraded to Sector Perform from Outperform at RBC Capital
  • Molina Healthcare (MOH) downgraded to Underperform from Hold at Jefferies
  • NVIDIA (NVDA) downgraded to Sector Perform from Outperform at RBC Capita
  • Reliance Steel (RS) downgraded to Hold from Buy at Jefferies
  • Schnitzer Steel (SCHN) downgraded to Hold from Buy at Jefferies
  • Steel Dynamics (STLD) downgraded to Hold from Buy at Jefferies
  • Texas Instruments (TXN) downgraded to Sector Perform from Outperform at RBC Capita
  • Panera Bread (PNRA) downgraded to Neutral from Buy at Miller Tabak
Tuesday's noteworthy initiations include:  
  • Beazer Homes (BZH) initiated with a Neutral at Goldman
  • Dover (DOV) initiated with a Neutral at Citigroup
  • Groupon (GRPN) initiated with a Neutral at Piper Jaffray
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