Analyst calls: KB Home upgraded

Ford is downgraded to 'hold,' and Novartis is upgraded to 'buy.'

By MSN Money Partner Jan 23, 2013 1:06PM
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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
Wednesday's noteworthy downgrades include:
  • Stock market ComstockFord (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
Wednesday's noteworthy initiations include:
  • Avago (AVGO) initiated with an Outperform at RBC Capital
  • Fiserv (FISV) initiated with a Neutral at UBS
  • Mellanox (MLNX) initiated with an Overweight at Piper Jaffray
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