Analyst calls: Cisco downgraded
Yahoo is upgraded to 'outperform,' and Burger King is downgraded to 'underperform.'
Thursday's noteworthy upgrades include:
- Electronic Arts (EA) upgraded to Buy from Neutral at Longbow
- HomeAway (AWAY) upgraded to Overweight from Equal Weight at Morgan Stanley
- Legg Mason (LM) upgraded to Outperform from Market Perform at Wells Fargo
- Nestle (NSRGY) upgraded to Buy from Neutral at Citigroup
- Yahoo (YHOO) upgraded to Outperform from Perform at Oppenheimer
- Halliburton (HAL) upgraded to Buy from Neutral at Guggenheim
- Actuant (ATU) downgraded to Neutral from Outperform at RW Baird
- Burger King (BKW) downgraded to Underperform from Neutral at BofA/Merrill
- Life Technologies (LIFE) downgraded to Neutral from Buy at Cowen
- Oracle (ORCL) downgraded to Equal Weight from Overweight at Evercore
- Williams-Sonoma (WSM) downgraded to Hold from Buy at Deutsche Bank
- Canadian Pacific (CP) downgraded to Buy from Conviction Buy at Goldman
- Juniper (JNPR) downgraded to Underperform from Market Perform at FBR Capital
- Cisco (CSCO) downgraded to Underperform from Market Perform at FBR Capital
- 3M Company (MMM) initiated with a Neutral at Goldman
- Dover (DOV) initiated with a Conviction Buy at Goldman
- Eaton (ETN) initiated with a Buy at Goldman
- Grainger (GWW) initiated with a Neutral at Goldman
- Honeywell (HON) initiated with a Buy at Goldman
- Omega Healthcare (OHI) initiated with a Conviction Buy at Goldman
- TripAdvisor (TRIP) initiated with an Underweight at Evercore
- Body Central (BODY) initiated with a Buy at Dougherty
- Reliance Steel (RS) initiated with an Outperform at Wells Fargo
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The solid report comes a month after the retailer closed all of its Canadian operations.
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