iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Upgrades and Downgrades This Morning

Upgrades

MOS – Mosaic upgraded by Stifel Nicolaus

CF – CF Industries upgraded to Overweight from Neutral at JP Morgan

AKS – AK Steel ticking higher; strength attributed to tier 1 firm upgrade

ATI – Allegheny Tech target raised to $85 from $78 at Stifel Nicolaus

UNH – UnitedHealth upgraded to Buy from Hold at Jefferies

SOLR – GT Solar: Forward estimates likely to rise given backlog; great acquisition target – Wunderlich

COT – Cott upgraded to Overweight from Neutral at JPMorgan

DNDN – Dendreon initiated with Buy at ISI Group

FICO – FICO upgraded to Hold at Auriga following mgmt’s raised guidance

LDK – LDK Solar downgraded to Hold at Auriga on financing uncertainty

LTD – Limited upgraded to Neutral from Sell at Goldman

TTEK – Tetra Tech initiated with a Outperform at Oppenheimer

MXIM – Maxim Integrated upgraded to Neutral from Sell at Goldman

BP – BP upgraded to Buy from Hold at Societe Generale

DIS – Walt Disney upgraded to Buy from Hold at Stifel Nicolaus

GAP – Gap upgraded to Hold from Sell at Deutsche Bank

TZOO – Travelzoo: Local deals re-accelerate in May – Benchmark

NTAP – NetApp: Auriga expects a strong quarter from NetApp Wednesday afternoon, but it appears most others do as well

Downgrades

MRVL – Marvell target lowered to $21 at FBR Capital; firm removes all RIMM revenues from their calendar 2012 and beyond financial forecast

BKE – Buckle downgraded to Sell from Neutral at Goldman

YGE – Yingli Green Energy: Priced for uncertainty

ONNN- ON Semiconductor downgraded to Neutral from Buy at Goldman

PCG -PG&E downgraded to Hold from Buy at Jefferies

ED – Con Edison ticking lower; weakness attributed to tier 1 firm downgrade

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