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Wells Fargo upgraded Chipotle to overweight from equal weight.Nomura Instinet upgraded Home Depot to buy from neutral.SocGen upgraded Oracle to buy from hold.Employees prepare orders for customers at a Chipotle Mexican Grill restaurant in Hollywood, California.Here are the biggest calls on Wall Street on Wednesday:Citi upgraded the investment bank after the recent sell-off in shares and called the company a "high quality franchise.
"As we note in our industry note also published today, we believe the recent 15% pullback in the bank stocks since Feb 20 is warranted given our view that the business models for many banks are likely to be impaired from prolonged low rates. is down a similar amount to other regionals, yet we believe the impact to longer term returns is slightly less than 100bp vs 200bp or more at other banks which are more dependent on low cost deposits."
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