Upgrades and Downgrades for Friday 12/30

Upgrades

  • China Lodging (HTHT) upgraded by Deutsche Bank from Hold to Buy
  • Cempra (CEMP) upgraded by Morgan Stanley from Underweight to Equal Weight
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Downgrades

  • Innocoll (INNL) downgraded by Janney Capital from Buy to Neutral
  • Innocoll (INNL) downgraded by FBR Capital from Outperform to Market Perform
  • Innocoll (INNL) downgraded by JMP Securities from Outperform to Market Perform
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