Upgrades and Downgrades for Wednesday, 5/1

Upgrades

  • Amgen (AMGN) upgraded by Goldman from Neutral to Conviction Buy
  • Del Frisco’s (DFRG) upgraded by Raymond James from Outperform to Strong Buy
  • Ultimate Software (ULTI) upgraded by Canaccord from Hold to Buy
  • Southern Copper (SCCO) upgraded by BB&T from Underweight to Hold
  • Infosys (INFY) upgraded by Susquehanna from Negative to Neutral
  • Trulia (TRLA) upgraded by JPMorgan from Neutral to Overweight
  • Freeport McMoRan (FCX) upgraded by Nomura from Neutral to Buy
  • Nobel Biocare (NBHGY) upgraded by Citigroup from Sell to Neutral
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Downgrades

  • Portugal Telecom (PT) downgraded by Goldman from Conviction Buy to Buy
  • Biogen (BIIB) downgraded by Goldman from Conviction Buy to Neutral
  • LSI Corp. (LSI) downgraded by Goldman from Buy to Neutral
  • Magellan Health (MGLN) downgraded by Citigroup from Buy to Neutral
  • BreitBurn Energy (BBEP) downgraded by Citigroup from Buy to Neutral
  • BreitBurn Energy (EVEP) downgraded by Citigroup from Buy to Neutral
  • Eastman Chemical (EMN) downgraded to Outperform from Buy by CLSA
  • Cloud Peak Energy (CLD) downgraded by Brean Capital from Buy to Hold
  • Arlington Asset Investment (AI) downgraded by Wunderlich from Buy to Hold
  • Entropic (ENTR) downgraded by Needham from Buy to Hold
  • ONEOK (OKE) downgraded by Morgan Stanley from Overweight to Equal Weight

 

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