Analyst calls: Nokia downgraded
Johnson Controls is upgraded to 'buy,' and Janney Capital is initiating apparel companies.
Friday's noteworthy upgrades include:
- Alpha Natural (ANR) upgraded to Buy from Neutral at Nomura
- Dover (DOV) upgraded to Equal Weight from Underweight at Morgan Stanley
- Johnson Controls (JCI) upgraded to Buy from Hold at Deutsche Bank
- Lennar (LEN) upgraded to Buy from Hold at KeyBanc
- Pulte Group (PHM) upgraded to Buy from Hold at KeyBanc
- Toll Brothers (TOL) upgraded to Buy from Hold at KeyBanc
- Altria Group (MO) upgraded to Buy from Neutral at Davenport
- American Tower (AMT) downgraded to Neutral from Overweight at Piper Jaffray
- AmerisourceBergen (ABC) downgraded to Equal Weight from Overweight at Morgan Stanley
- Celgene (CELG) downgraded to Hold from Buy at Auriga
- Illinois Tool Works (ITW) downgraded to Underweight from Equal Weight at Morgan Stanley
- Nokia (NOK) downgraded to Equal Weight from Overweight at Barclays
- PPL Corp. (PPL) downgraded to Buy from Conviction Buy at Goldman
- J.B. Hunt (JBHT) downgraded to Neutral from Buy at Sterne Agee
- Dover (DOV) initiated with an Outperform at BMO Capital
- Finish Line (FINL) initiated with a Buy at Janney Capital
- Foot Locker (FL) initiated with a Buy at Janney Capital
- Hanesbrands (HBI) initiated with a Buy at Janney Capital
- Nike (NKE) initiated with a Buy at Janney Capital
- Under Armour (UA) initiated with a Neutral at Janney Capital
- Mako Surgical (MAKO) initiated with a Perform at Oppenheimer
- VMware (VMW) initiated with an Overweight at Piper Jaffray
- NutriSystem (NTRI) initiated with a Buy at Sidoti
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These hot movers could rise by double digits in coming months.
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