Up/Downgrades (CENX, DHI, FUN, LEN, MTH, MSL, RS, TEF, TSO, BRY, CGNX, HMC, JEF, PATH, STLD, TM, TQNT, WOR)

NYSE:TMNew York, August 31st (TradersHuddle.com) – Following are some of the top upgrades and downgrades before the market open.

 

Upgrades

 

Century Aluminum (NASDAQ:CENX) was upgraded to a Neutral from Sell at Goldman Sachs.

 

DR Horton (NYSE:DHI), the Single-family homebuilder based in Fort Worth, TX, was upgraded to a Buy from Neutral at UBS.

 

Cedar Fair (NYSE:FUN) was upgraded to a Buy from Hold at Keybanc Capital Markets.

 

Lennar (NYSE:LEN), the single-family attached and detached homebuilder, was upgraded to a Buy from Neutral at UBS.

 

Meritage Homes (NYSE:MTH) was upgraded to a Neutral from Sell at UBS.

 

Midsouth Bancorp (NYSE:MSL) was upgraded to Strong Buy from Market Perform at Raymond James.

 

Reliance Steel & Aluminum (NYSE:RS), the provider of metals processing services, was upgraded to a Buy from Neutral at Goldman Sachs.

 

Telefonica S.A. (NYSE:TEF) was upgraded to Market Perform from Underperform at Bernstein.

 

Tesoro (NYSE:TSO), the crude oil refiner based in San Antonio, TX, was upgraded to Outperform from Sector Perform at RBC Capital Markets.

 

Downgrades

 

Berry Petroleum (NYSE:BRY) was downgraded to a Neutral from Positive at Susquehanna.

 

Cognex (NASDAQ:CGNX) was downgraded to a Neutral from Overweight at Piper Jaffray.

 

Honda Motor (NYSE:HMC), Japan’s second largest automaker, was downgraded to a Neutral from Outperform at Credit Suisse.

 

Jefferies Group (NYSE:JEF), the independent full service global securities services and investment-banking firm, was downgraded to a Neutral from Buy at Rochdale.

 

NuPathe, Inc. (NASDAQ:PATH) was downgraded to a Neutral from Buy at Lazard.

 

Steel Dynamics (NASDAQ:STLD), the owner and operator of a flat-rolled steel mini-mill, was downgraded to a Neutral from Buy at Goldman Sachs.

 

Toyota Motor (NYSE:TM), the world’s largest automaker, was downgraded to a Neutral from Outperform at Credit Suisse.

 

TriQuint Semiconductor (NASDAQ:TQNT) was downgraded to Equal Weight from Overweight at Barclays.

 

Worthington (NYSE:WOR), the maker of processed steel products, was downgraded to a Sell from Neutral at Goldman Sachs.

Leave a Reply

Your email address will not be published. Required fields are marked *