Wednesday, July 25, 2012

U.S. ANALYST RATINGS: Upgrades, Downgrades, Initiations

U.S. ANALYST RATINGS: Upgrades, Downgrades, Initiations

UPGRADES:
  * Amgen (AMGN) raised to outperform: Credit Suisse
  * Chipotle Mexican Grill (CMG) raised to buy: Miller Tabak
  * Dole Food (DOLE) raised to buy: BoA/ML
  * Domino’s Pizza (DPZ) raised to conviction buy: Goldman
  * GeoEye (GEOY) raised to market perform: Raymond James
  * Global Payments (GPN) raised to buy: Goldman
  * Illumina (ILMN) raised to outperform: CLSA
  * Intuitive Surgical (ISRG) raised to buy: Mizuho Securities
  * J&J Snack Foods (JJSF) raised to buy: Janney Montgomery
  * Riverbed Tech raised to buy: Mizuho Securities
  * Riverbed Technology (RVBD) raised: RBC Capital
  * Sunstone Hotel (SHO) raised to outperform: Baird
  * Thomson Reuters (TRI) to buy: Citigroup


DOWNGRADES:
  * AmSurg (AMSG) cut to hold: Jefferies
  * CH Robinson (CHRW) cut to hold: Deutsche Bank
  * Deckers Outdoor (DECK) cut to neutral: Lazard
  * Enbridge Energy Partners (EEP) to neutral: JPMorgan
  * First Defiance (FDEF) cut to market perform: FIG Partners
  * Gentex (GNTX) cut to hold: Wellington Shields
  * International Game Tech (IGT) cut to neutral: Credit Suisse
  * Lennox International (LII) cut to neutral: JP Morgan
  * MWI Veterinary (MWIV) cut to neutral: Piper
  * Netflix (NFLX) cut to neutral: Piper
  * Philip Morris (PM) cut to neutral: Daiwa Securities
  * Polycom (PLCM) cut to market perform: Wells Fargo
  * Polycom (PLCM) cut to neutral: Citi
  * RF Micro (RFMD) cut to sell: UBS
  * Sigma-Aldrich (SIAL) cut to outperform: CLSA
  * Total System (TSS) cut to market perform: JMP
  * UPS (UPS) cut to neutral: BoA/ML


INITIATIONS:
  * BlackRock (BLK) new outperform: RBC Capital
  * Builders FirstSource (BLDR) new in-line: Imperial Capital
  * ConAgra (CAG) new buy: KeyBanc
  * ExactTarget (ET) new buy: Lazard
  * Invesco (IVZ) new outperform: RBC Capital
  * Jive Software (JIVE) new neutral: Lazard
  * Legg Mason (LM) new sector perform: RBC Capital
  * Och-Ziff (OZM) outperform: RBC Capital
  * Ralcorp (RAH) new hold: KeyBanc
  * Responsys (MKTG) new neutral: Lazard
  * Synergy Resources (SYRG) new buy: Global Hunter
  * T. Rowe Price (TROW) new outperform: RBC Capital
  * Waddell & Reed Financial (WDR) new sector perform: RBC Capital

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