Stock Downgrades: Buffalo Wild Wings Shuffles Off Into the Sunset


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Swiss cheese took one look at the Mouse House and sent the Dow (^DJI) up again, with a Walt Disney ( DIS ) upgrade out of Zurich's own UBS AG ( UBS ) propelling that stock 1.83% higher to an historic best. Meanwhile the S&P 500 (^GSPC) reached a fresh peak and Nasdaq (^IXIC) reached levels last seen in November 2000. (Back then peak oil production was all the rage ; who'd have thunk that a dozen years on we'd have the opposite "problem" ?)

In another miraculous and unforeseen development, the US is paying down debt even as Apple Inc. ( AAPL ), up 3.10% on the day, ventures in the opposite direction .

Today in economics, analysts anticipate increases in both April's Chicago Purchasing Managers' Index at 9:45 a.m. Eastern and this month's Conference Board consumer sentiment survey at 10:00 a.m. In Washington DC, the Federal Open Market Committee starts its two-day policy setting session. On the corporate front, earnings are expected out of Aetna ( AET ), BP Plc (BP), Cummins (CMI), DreamWorks Animation (DWA), Legg Mason (LM), Office Depot (ODP), NYSE Euronext (NYX), Pfizer (PFE), Sirius XM Radio (SIRI), and UBS AG ( UBS ).

Buffalo Wild Wings ( BWLD ): The stock is lower today after iffy earnings and a downgrade to Hold from Buy at KeyBanc Capital Markets, which notes supply growth remains limited.

CapitalSource (CSE): CSE is cut to Perform from Outperform at FBR Capital, whose target is $9.50.

Five Star Quality Care (FVE): Shares are downgraded to Hold from Buy at Deutsche Bank. The stock slumped 16.75% yesterday.

Greenway Medical (GWAY): GWAY gets downgraded to Neutral from Overweight at JPMorgan.

New Mountain Finance (NMFC): Shares are now Market Perform from Outperform at Wells Fargo.

Plum Creek (PCL): The company is taken to Underperform from Perform at DA Davidson based due to valuation.

PulteGroup (PHM): Shares are now Neutral from Overweight at JPMorgan.

(See also: New Stock Coverage: Pandora Stuck in the Penalty Box? and Stock Upgrades: There's Never Been a Better Time to Buy Best Buy .)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
More Headlines for: AAPL , AET , BWLD , DIS , UBS

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