Analyst calls: Abbott downgraded
Goldman downgrades Royal Dutch Shell to 'sell' and upgrades ConocoPhillips to 'neutral.'
Thursday's noteworthy upgrades include:
- American Eagle (AEO) upgraded to Outperform from Market Perform at Wells Fargo
- ConocoPhillips (COP) upgraded to Neutral from Sell at Goldman
- Duke Energy (DUK) upgraded to Buy from Neutral at Citigroup
- Harley-Davidson (HOG) upgraded to Buy from Neutral at Goldman
- Seadrill (SDRL) upgraded to Buy from Neutral at Goldman
- U.S. Bancorp (USB) upgraded to Positive from Neutral at Susquehanna
- Comerica (CMA) upgraded to Hold from Sell at Stifel Nicolaus
- Exelon (EXC) upgraded to Neutral from Sell at Citigroup
- Abbott (ABT) downgraded to Market Perform from Outperform at Raymond James
- CSX (CSX) downgraded to Hold from Buy at Deutsche Bank
- Comerica (CMA) downgraded to Neutral from Buy at Sterne Agee
- Deutsche Bank (DB) downgraded to Underweight from Neutral at JPMorgan
- Halliburton (HAL) downgraded to Equal Weight from Overweight at Stephens
- Potash (POT) downgraded to Sector Perform from Outperform at RBC Capital
- Royal Dutch Shell (RDS.A) downgraded to Sell from Neutral at Goldman
- St. Jude Medical (STJ) downgraded to Hold from Buy at Canaccord
- Stanley Black & Decker (SWK) downgraded to Market Perform from Outperform at Raymond James
- Stryker (SYK) downgraded to Perform from Outperform at Oppenheimer
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The more likely scenario is that the markets begin to rise from here -- and that bounce is just beginning to take hold.
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