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Stock Upgrades And Downgrades: BBBY, DD, LULU, MASI, PETM, RDC, SYY

 May 03, 2013 09:52 AM

(By Balachander) A number of stocks were upgraded and downgraded by Wall Street analysts on Friday. 

Bed Bath & Beyond Inc. (NASDAQ: BBBY) downgraded to "Perform" from "Outperform" at Oppenheimer. Shares shed 0.67 percent to trade at $69.25.

DuPont (NYSE: DD) downgraded to "Hold" from "Buy" at BGC Partners. Shares rose 1.33 percent to trade at $54.22.

Mednax Inc. (NYSE: MD) downgraded to "Hold" from "Buy" at Feltl. Shares shed 0.40 percent to trade at $89.45.

[Related -Lululemon Athletica inc. (LULU): Near-Term Risks Could Further Derail Investor Confidence]

Lululemon Athletica Inc. (NASDAQ: LULU) downgraded to "Neutral" from "Outperform" at Wedbush. Shares fell 0.56 percent to trade at $76.26.

Masimo Corp. (NASDAQ: MASI) upgraded to "Neutral" from "Sell" at Citigroup. Shares jumped 7.18 percent to trade at $21.50.

PetSmart Inc. (NASDAQ: PETM) downgraded to "Perform" from "Outperform" at Oppenheimer. Shares slipped 0.09 percent to trade at $68.34.

[Related -Bed Bath & Beyond Inc. (NASDAQ:BBBY) Q3 Earnings Preview: Where Sales Go the Price Usually Follows]

Rowan Companies Plc (NYSE: RDC) upgraded to "Buy" from "Hold" at Jefferies. Shares jumped 3.79 percent to trade at $33.98.

SYSCO Corp. (NYSE: SYY) downgraded to "Sell" from "Hold" at Cantor Fitzgerald. Shares fell 0.46 percent to trade at $34.86.

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