Analyst calls: MGM Resorts upgraded

JetBlue is downgraded to 'hold,' and Molson Coors is initiated with a 'neutral.'

By MSN Money Partner Jan 8, 2013 12:52PM
fly logoInformation provided by Theflyonthewall.com

Tuesday's noteworthy upgrades include:
  • Celgene (CELG) upgraded to Outperform from Sector Perform at RBC Capital, and to Overweight from Neutral at Piper Jaffray
  • Dover (DOV) upgraded to Overweight from Equal Weight at Morgan Stanley
  • Joy Global (JOY) upgraded to Overweight from Neutral at Piper Jaffray
  • KKR & Co. (KKR) upgraded to Buy from Neutral at Goldman
  • Manulife Financial (MFC) upgraded to Buy from Neutral at BofA/Merrill
  • Southwest (LUV) upgraded to Buy from Hold at Deutsche Bank
  • MGM Resorts (MGM) upgraded to Outperform from Neutral at Credit Suisse
  • Ventas (VTR) upgraded to Buy from Hold at Jefferies
Tuesday's noteworthy downgrades include:
  • Stock market ComstockAutoZone (AZO) downgraded to Underweight from Equal Weight at Morgan Stanley
  • Baker Hughes (BHI) downgraded to Sector Perform from Outperform at RBC Capital
  • CF Industries (CF) downgraded to Market Perform from Outperform at BMO Capital
  • EMC (EMC) downgraded to Market Perform from Outperform at William Blair
  • Emerson (EMR) downgraded to Equal Weight from Overweight at Morgan Stanley
  • Fusion-io (FIO) downgraded to Market Perform from Outperform at William Blair
  • JetBlue (JBLU) downgraded to Hold from Buy at Deutsche Bank
  • Mylan (MYL) downgraded to Equal Weight from Overweight at Morgan Stanley
  • National Oilwell (NOV) downgraded to Sector Perform from Outperform at RBC Capital
  • Raytheon (RTN) downgraded to Neutral from Overweight at JPMorgan
  • Northrop Grumman (NOC) downgraded to Underweight from Neutral at JPMorgan
  • Alliant Techsystems (ATK) downgraded to Neutral from Outperform at Cowen
  • Noble Corp. (NE) downgraded to Market Perform from Outperform at Raymond James
Tuesday's noteworthy initiations include:
  • Stericycle (SRCL) initiated with an Equal Weight at Barclays
  • Covanta (CVA) initiated with an Overweight at JPMorgan
  • Delphi Automotive (DLPH)  initiated with an Outperform at CLSA
  • Teledyne Technologies (TDY) initiated with a Buy at Needham
  • AB InBev (ABV) initiated with a Buy at ISI Group
  • Molson Coors (TAP) initiated with a Neutral at ISI Group
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.

111
111 rated 1
272
272 rated 2
474
474 rated 3
656
656 rated 4
638
638 rated 5
699
699 rated 6
623
623 rated 7
486
486 rated 8
260
260 rated 9
128
128 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
DYNDYNEGY Inc10
TAT&T Inc9
VZVERIZON COMMUNICATIONS9
EXCEXELON CORPORATION8
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.