Analyst calls: Gilead downgraded to 'equal weight'
Garmin is upgraded to 'outperform,' while Oracle is downgraded to 'market perform.'
Tuesday's noteworthy upgrades include:
- Life Technologies (LIFE) upgraded to Buy from Neutral at Citigroup
- Whiting Petroleum (WLL) upgraded to Buy from Neutral at Pritchard
- Unum Group (UNM) upgraded to Overweight from Neutral at JPMorgan
- Broadcom (BRCM) upgraded to Buy from Hold at Auriga
- Garmin (GRMN) upgraded to Outperform from Market Perform at Avondale
- Oracle (ORCL) downgraded to Market Perform from Outperform at JMP Securities
- Gilead (GILD) downgraded to Equal Weight from Overweight at Barclays
- Host Hotels (HST) downgraded to Equal Weight from Overweight at Morgan Stanley
- Energy Transfer Partners (ETP) downgraded to Market Perform from Outperform at Wells Fargo
- Norfolk Southern (NSC) downgraded to Neutral from Overweight at JPMorgan
- CSX (CSX) downgraded to Neutral from Overweight at JPMorgan
- Anadarko (APC) downgraded to Neutral from Overweight at JPMorgan
- KLA-Tencor (KLAC) downgraded to Neutral from Overweight at JPMorgan
- Limited (LTD) downgraded to Neutral from Positive at Susquehanna
- Under Armour (UA) downgraded to Hold from Buy at Needham
- Marriott (MAR) downgraded to Neutral from Overweight at Atlantic Equities
- Taiwan Semiconductor (TSM) downgraded to Neutral from Buy at BofA/Merrill
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The offering could become the second-biggest this year if underwriters exercise an option to buy more shares.
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