Upgrades & Downgrades

Published on Friday, 13 April 2012 08:41 Written by Danny Miller

New York, April 13th (TradersHuddle.com) - The following are top upgrades and downgrades before the market opens.

EnCana (NYSE:ECA) was downgraded to a Neutral from Outperform at Credit Suisse.

Lennar (NYSE:LEN) was upgraded to a Buy from Hold at KeyBanc Capital Markets.

Toll Brothers (NYSE:TOL) was upgraded to a Buy from Hold at KeyBanc Capital Markets.

PulteGroup (NYSE:PHM) was upgraded to a Buy from Hold at KeyBanc Capital Markets.

Edison (NYSE:EIX) was upgraded to Outperform from Market Perform at Wells Fargo.

AmerisourceBergen (NYSE:ABC) was downgraded to Equal Weight from Overweight at Morgan Stanley.

Illinois Tool Works (NYSE:ITW) was downgraded to Underweight from Equal Weight at Morgan Stanley.

Celgene (NASDAQ:CELG) was downgraded to a Hold from Buy at Auriga.

Nokia (NYSE:NOK) was downgraded to Equal Weight from Overweight at Barclays.

Eldorado Gold (NYSE:EGO) was upgraded to Outperform from Market Perform at BMO Capital.