Analyst calls: AstraZeneca upgraded to 'buy'

Kraft Foods is upgraded to 'overweight,' and VeriFone is downgraded to 'sell.'

By MSN Money Partner Apr 30, 2012 10:54AM
Information provided by Theflyonthewall.com

Monday's noteworthy upgrades include:
  • AstraZeneca (AZN) upgraded to Buy from Hold at Jefferies and to Neutral from Underweight at JPMorgan
  • Kraft Foods (KFT) upgraded to Overweight from Neutral at JPMorgan
  • Calpine (CPN) upgraded to Buy from Hold at Jefferies
  • Chesapeake (CHK) upgraded to Outperform from Market Perform at BMO Capital
  • British Sky Broadcasting (BSYBY) upgraded to Buy from Neutral at Citigroup
  • PPG Industries (PPG) upgraded to Outperform from Neutral at Credit Suisse
  • Dollar General (DG) upgraded to Strong Buy from Outperform at Raymond James
  • Cerner (CERN) upgraded to Outperform from Market Perform at Raymond James
  • Medtronic (MDT) upgraded to Buy from Neutral at Lazard Capital
Monday's noteworthy downgrades include:
  • Alcatel-Lucent (ALU) downgraded to Underperform from Sector Perform at RBC Capital
  • Nokia (NOK) downgraded to Sector Perform from Outperform at RBC Capital
  • PPL Corp. (PPL) downgraded to Hold from Buy at Jefferies
  • VeriFone (PAY) downgraded to Sell from Hold at Deutsche Bank
  • Procter & Gamble (PG) downgraded to Perform from Outperform at Oppenheimer
  • TransCanada (TRP) downgraded Sector Outperformer at CIBC
  • Ford (F) downgraded to Hold from Buy at Craig-Hallum
Monday's noteworthy initiations include:
  • Covanta (CVA) initiated with an Equal Weight at Morgan Stanley
  • SuperValu (SVU) initiated with a Sell at Goldman
  • Noble Energy (NBL) initiated with a Neutral at Capital One
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