DuPont Fabros sell-off on Yahoo news seems overdone, says Wells Fargo Wells Fargo believes the two day sell-off in shares of DuPont Fabros on news that Yahoo is going to sublease its data space seems overdone. Wells sees limited near-term downside in shares of DuPont Fabros, but feels greater confidence that super wholesale tenants won't downsize leased portfolios is needed for shares to move higher. Wells has a Market Perform rating on DuPont Fabros.
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: DuPont Fabros (DFT) upgraded to Buy from Hold at Evercore ISI... GOL Linhas (GOL) upgraded to Neutral from Sell at Goldman... Integrated Device (IDTI) upgraded to Outperform from Neutral at Wedbush... Julius Baer (JBAXY) upgraded to Hold from Sell at Deutsche Bank... Kohl's (KSS) upgraded to Buy from Neutral at Buckingham... Mattel (MAT) upgraded on positive catalysts at Stifel... Mitsubishi sees limited downside for Tableau (DATA), ups to Neutral ... Morgan Stanley (MS) upgraded to Outperform from Neutral at Macquarie... Netflix (NFLX) upgraded to Overweight from Neutral at Piper Jaffray... Realty Income (O) upgraded to Equal Weight from Underweight at Morgan Stanley... TJX (TJX) upgraded to Outperform from Market Perform at BMO Capital.