Morgan Stanley downgraded Coca-Cola and Monster Beverage to equal weight from overweight.Bank of America upgraded Ralph Lauren to buy from neutral.Telsey upgraded Kroger to outperform from market perform.
Bernstein upgraded Campbell Soup, General Mills, Conagra Brands and Kellogg to market perform from underperform.Credit Suisse named Constellation Brands a top pick. JPMorgan upgraded D.R. Horton to overweight from neutral and downgraded Lennar and PulteGroup to neutral from overweight.BTIG upgraded Dunkin' Brands to buy from neutral.Barclays downgraded American Airlines to equal weight from overweight.Nomura Instinet initiated Stitch Fix and The RealReal as buy.The market continues to be volatile but Wall Street analysts say there are plenty of buying opportunities.
In Wednesday's calls of the day, companies getting upgrades include Ralph Lauren, Kroger, Hershey and more.
Pro Yeah, but the dip of a market that was the most inflated in history. Smart