Early Research Calls: SD, BCS, TI, SDRL, GLBS, PCX

Published on Wednesday, 16 May 2012 08:45 Written by Danny Miller

New York, May 16th (TradersHuddle.com) - Research Calls ahead of the market open.

SandRidge Energy (NYSE:SD) was upgraded to a Hold from Sell at Canaccord Genuity.

Barclays (NYSE:BCS) was upgraded to a Buy from Neutral at UBS.

Telecom Italia (NYSE:TI) was upgraded to a Neutral from Sell at Goldman Sachs

Seadrill Ltd (NASDAQ:SDRL) was upgraded to a Buy from Neutral at Citigroup.

Globus Maritime Limited (NASDAQ:GLBS) was downgraded to a Hold from Buy at Wunderlich. The firm cut its target price to $4.50 from $8.

Patriot Coal (NYSE:PCX) was downgraded to Market Perform from Outperform at FBR Capital. The firm slashed its target price to $4 from $9.