Here are the biggest calls on Wall Street on Thursday.
Here are the biggest calls on Wall Street on Thursday: Bank of America downgrades J.M. Smucker to neutral from buy Bank of America said in its downgrade of the stock that it's purchase of Hostess adds a lot of complexities. "Our prior Buy rating was based on the view that SJM would focus on a more optimized portfolio of core brands, following several years of divestitures of low growth/margin assets.
to Outperform. Our estimates and $237 target unchanged. stock has declined by an unwarranted degree following its recent Analyst Day in our view." Read more about this call here. Jefferies upgrades MetLife to buy from hold Jefferies said in its upgrade of the insurance company that it's taking a more "constructive" view of the insurance industry.
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