Stock Downgrades: Coca-Cola Carries the Can
At least love was in the air at diamond seller Zale Corp ( ZLC ), which surged 37.97% in an otherwise awful week. This as poultry powerhouse Tyson Foods ( TSN ) tumbled 8%; a penny for the thoughts of that pet chicken who just swallowed one of the precious stones .
Today in economics, analysts expect August's Institute for Supply Management manufacturing index to soften from the prior month's pace at 10:00 a.m. Eastern. On the corporate front, H&R Block ( HRB ) is due to report quarterly results.
Apple Inc. ( AAPL ): Norwegian investment bank ABG Sundal Collier slashes the stock, which surged 7.49% in August, to Sell from Hold.
Coca-Cola (KO): The key Dow (INDEXDJX:.DJI) component gets cut to Underperform from Outperform at CrÃ©dit Agricole.
Corning (GLW): Oppenheimer gives the maker of glass for flat-panel televisions a downgrade to Perform from Outperform. A burgeoning supply glut amid reduced demand for TVs is a concern.
Dean Foods (DF): The dairy giant gets downgraded to Neutral from Buy at Goldman Sachs.
Ensco (ESV): Barclays takes the oil services firm to Equal Weight from Overweight.
Green Mountain Coffee Roasters (GMCR): GMCR gets downgraded to Neutral from Buy at Suntrust Robinson Humphrey.
Intuitive Surgical (ISRG): First Analysis reduces the robotic instruments stock to Underweight from Equal Weight.
LeapFrog Enterprises (LF): LF is lowered to Market Perform from Outperform by BMO Capital Markets.
Palo Alto Networks (PANW): JMP Securities slashes the stock to Market Perform from Outperform.
Rockwell Collins (COL): Shares get cut to Market Perform from Outperform with Wells Fargo.
Vodafone (VOD): Shares, upgraded elsewhere this morning, are now Neutral from Outperform at Macquarie, which would take profits with the stock trading at a 13-year high.
Williams-Sonoma (WSM): The Pottery Barn owner gets a post-earnings downgrade to Hold from Buy at Canaccord Genuity, whose price objective is $59. Looming gross margin headwinds are an issue, the broker believes.
(See also: New Stock Coverage: Nasdaq Tries to Turn Over a New Leaf and Stock Upgrades: Say Yes to Nokia .)