CLSA upgraded Yum! Brands (NYSE: YUM) from Outperform to Buy with a price target of $80.00 (from $76.00) following strong third quarter results after the close.Shares of Yum! Brands closed at $66.04 yesterday, with a 52 week range of $49.72-$74.44.
Morgan Stanley downgraded Barrick Gold (NYSE: ABX) from Overweight to Equalweight.Shares of Barrick Gold closed at $40.49 yesterday, with a 52 week range of $31.00-$53.26.
BofA/Merrill Lynch downgraded Johnson Controls (NYSE: JCI) from Buy to Neutral.Shares of Johnson Controls closed at $26.85 yesterday, with a 52 week range of $23.37-$35.95.
Morgan Stanley initiates coverage on IAMGOLD (NYSE: IAG) with a Equalweight.Shares of IAMGOLD closed at $15.76 yesterday, with a 52 week range of $9.20-$23.49.
Morgan Stanley initiates coverage on Yamana Gold (NYSE: AUY) with a Overweight. PT $25.00.Shares of Yamana Gold closed at $18.46 yesterday, with a 52 week range of $12.68-$19.65.
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