| Upgrades and Downgrades Ahead of the Opening Bell (NKA, AMLN, ANDE, DRH, KFRC, MPW, PLD, QNST, RHI, TC, PANL, ASCA, FE, LAZ, OPEN, TMRK, THS) |
| Written by Danny Miller |
| Monday, 21 June 2010 07:52 |
|
Research Firms Initiate:
Niska Gas Storage (NYSE:NKA), the independent owner and operator of natural gas storage assets in North America, was initiated with an Outperform at Credit Suisse.
Upgrades:
Amylin Pharmaceuticals (NASDAQ:AMLN), the biopharmaceutical company that discovers, develops, and commercializes medicines for diabetes and obesity, was upgraded to Hold from Sell at Canaccord.
Andersons (NASDAQ:ANDE), the agricultural distributor and grain merchandiser, was upgraded to Buy from Hold at BB&T.
Diamondrock Hospitality (NYSE:DRH), the upscale hotel REIT, was upgraded to Buy from Hold at Citigroup.
Kforce, Inc. (NASDAQ:KFRC), the full-service, professional staffing firm, was upgraded to Outperform from Neutral at Credit Suisse.
Medical Properties Trust (NYSE:MPW), the healthcare facilities REIT, was upgraded to Market Perform from Underperform at Wells Fargo.
ProLogis (NYSE:PLD), the industrial and distribution space provider, was upgraded to Market Perform from Underperform at Wells Fargo.
QuinStreet (NASDAQ:QNST), the vertical marketing and internet Media Company, was upgraded to Overweight from Market Weight at Thomas Weisel.
Robert Half (NYSE:RHI), the largest specialized staffing services firm in the world, was upgraded to Outperform from Neutral at Credit Suisse.
Thompson Creek Metals (NYSE:TC), the miner and processor of molybdenum, was upgraded to a Buy from Neutral at UBS.
Universal Display (NASDAQ:PANL), high-resolution, full color, light weight Organic Light Emitting Diode (OLED) technology, was upgraded to Outperform from Neutral at Cowen.
Downgrades:
Ameristar Casinos (NASDAQ:ASCA), the gaming company that owns and operates casinos resorts in several states in the U.S., was downgraded to Hold from Buy at KeyBanc.
FirstEnergy (NYSE:FE), the diversified energy company, was downgraded to a Hold from Buy at Citigroup.
Lazard (NYSE:LAZ), the provider of domestic and international financial advisory services and global transaction execution to corporations, was downgraded to Neutral from Buy at Goldman.
OpenTable (NASDAQ:OPEN), the restaurant reservation website operator, was downgraded to a Hold from Buy at Citigroup.
Terremark Worldwide (NASDAQ:TMRK), the provider of information technology infrastructure services, was downgraded to Hold at The Benchmark Company.
TreeHouse Foods (NYSE:THS), the food maker, was downgraded to Neutral from Buy at SunTrust. |
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New York, June 21th (TradersHuddle.com) – Following are some of the top changes in analysts’ ratings before the market open.