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