Upgrades and Downgrades for Friday, 5/25


  • Salesforce.com (CRM) upgraded by Oppenheimer from Perform to Outperform
  • Siemens (SI) upgraded by Deutsche Bank from Hold to Buy
  • Carter’s (CRI) upgraded  by Citigroup from Neutral to Buy
  • Eastman Chemical (EMN) upgraded by JPMorgan from Neutral to Overweight
  • Illinois Tool Works (ITW) upgraded by JPMorgan from Neutral to Overweight
  • Gulfport Energy (GPOR) upgraded by RBC Capital from Sector Perform to Outperform
  • ARM Holdings (ARMH) upgraded by UBS from Neutral to Buy
  • E-House (EJ) upgraded by Maxim from Sell to Hold
  • Semtech (SMTC) upgraded by Williams Capital from Hold to Buy
  • Cracker Barrel (CBRL) upgraded by Argus from Hold to Buy
  • Rogers Communications (RCI) upgraded by TD Securities from Hold to Buy


  • Heinz (HNZ) downgraded by Jefferies from Buy to Hold
  • Heinz (HNZ) downgraded by JPMorgan from Overweight to Neutral
  • Lululemon (LULU) downgraded by KeyBanc from Buy to Hold
  • Maxwell (MXWL) downgraded by Wedbush from Outperform to Neutral
  • NetApp (NTAP) downgraded by Argus from Buy to Hold
  • Viacom (VIAB) downgraded by Caris from Buy to Above Average
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