Analyst calls: KB Home upgraded
Ford is downgraded to 'hold,' and Novartis is upgraded to 'buy.'
Wednesday's noteworthy upgrades include:
- Alcatel-Lucent (ALU) upgraded to Neutral from Sell at Citigroup
- Costco (COST) upgraded to Market Perform from Underperform at Bernstein
- D.R. Horton (DHI) upgraded to Market Perform from Underperform at Raymond James
- Honda (HMC) upgraded to Outperform from Neutral at Macquarie
- IBM (IBM) upgraded to Hold from Sell at Societe Generale
- KB Home (KBH) upgraded to Market Perform from Underperform at Raymond James
- Novartis (NVS) upgraded to Buy from Neutral at Citigroup
- Verizon (VZ) upgraded to Buy from Hold at Canaccord
- KeyCorp (KEY) upgraded to Outperform from Sell at CLSA
- Alpha Natural (ANR) upgraded to Buy from Hold at Dahlman Rose
- Disney (DIS) upgraded to Buy from Neutral at B. Riley Caris
- Las Vegas Sands (LVS) upgraded to Neutral from Sell at Compass Point
- Ford (F) downgraded to Hold from Buy at Deutsche Bank
- Incyte (INCY) downgraded to Underweight from Equal Weight at Morgan Stanley
- PNC Financial (PNC) downgraded to Underperform from Outperform at CLSA
- Joy Global (JOY) downgraded to Neutral from Positive at Susquehanna
- TD Ameritrade (AMTD) downgraded to Market Perform from Outperform at Keefe Bruyette
- Canadian National (CNI) downgraded to Hold from Buy at TD Securities
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The solid report comes a month after the retailer closed all of its Canadian operations.
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