Up/Downgrades (CYT, XLS, NNN, VOC, CACI, CPT, CLWR, EDMC, HSC, HME, LMNX, PNFP, VHS, VMED)

Published on Wednesday, 04 January 2012 09:35 Written by Danny Miller

New York, January 4^th (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

Upgrades

Cytec Industries, Inc. (NYSE:CYT) was upgraded to a Buy from Neutral at Citigroup.

Exelis (NYSE:XLS) was upgraded to Overweight from Neutral at JP Morgan.

National Retail Properties (NYSE:NNN) was upgraded to Outperform from Market Perform at Morgan Keegan. The firm raised its target price to $30 from $26.

VOC Energy Trust (NYSE:VOC) was upgraded to Outperform from Perform at Oppenheimer. The firm set its target price at $25.

Downgrades

CACI International (NASDAQ:CACI) was downgraded to Underweight from Neutral at JP Morgan.

Camden Property (NYSE:CPT) was downgraded to Market Perform from Outperform at Morgan Keegan. The firm lowered its target price to $55 from $57.

Clearwire (NASDAQ:CLWR) was downgraded to a Hold from Buy. The firm cut its target price to $2 from $5.

Education Management Corp. (NASDAQ:EDMC) was downgraded to Equal Weight from Overweight at Barclays.

Harsco (NYSE:HSC), the industrial services and engineered products company, was downgraded to a Hold from Buy at Keybanc Capital Markets.

Home Properties (NYSE:HME) was downgraded to Market Perform from Outperform at Morgan Keegan. The firm lowered its target price to $60 from $65.

Luminex (NASDAQ:LMNX) was downgraded to Underweight from Neutral at JP Morgan.

Pinnacle Financial Partners (NASDAQ:PNFP) was downgraded to a Hold from Buy at Wunderlich. The firm set its target price at $17.

Vanguard Health Systems (NYSE:VHS) was downgraded to a Neutral from Buy at Citigroup.

Virgin Media (NASDAQ:VMED) was downgraded to a Hold from Buy at RBS.