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Analysts' Rating And Target Changes: AZO, FCX, MET, NFLX, SBUX, SNI

 December 06, 2012 12:55 PM

(By Balachander) A number of stocks were upgraded and downgraded by equities research analysts on Thursday.

AutoZone Inc. (NYSE: AZO): Oppenheimer downgraded its rating on the stock to "perform" from "outperform". Shares inched 0.56 percent higher to trade at $362.28.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): Deutsche Bank downgraded its rating on the stock to "hold" from "buy". RBC Capital downgraded its rating to "sector perform" from "outperform". Citigroup and Goldman Sachs downgraded their rating to "neutral" from "buy". Shares retreated 4.17 percent to trade at $30.82.

[Related -Netflix, Inc. (NFLX) Q4 Earnings Preview: What To Watch?]

Metlife Inc. (NYSE: MET): Barclays downgraded its rating on the stock to "equal weight" from "overweight". Shares dropped 1.35 percent to trade at $32.87.

Netflix Inc. (NASDAQ: NFLX): Caris downgraded its rating on the stock to "below average" from "average". Shares traded 4.64 percent higher at $87.24.

Starbucks Corp. (NASDAQ: SBUX): RW Baird upgraded its rating on the stock to "outperform" from "neutral". Shares jumped 4.59 percent to trade at $53.12.

[Related -Netflix, Inc. (NASDAQ:NFLX): Can Netflix Trump Amazon.com, Inc. With New Plans?]

Scripps Networks Interactive Inc. (NYSE: SNI): Goldman Sachs downgraded its rating on the stock to "neutral" from "buy". The stock lost 2.10 percent to trade at $56.49.

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