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Early Research Calls

CPNew York, May 17th ( - The following are top upgrades and downgrades before the market opens.


Millennial Media (NYSE:MM) was upgraded to Overweight from Equal Weight at Morgan Stanley.


Atmos Energy (NYSE:ATO) was upgraded to a Buy from Neutral at Bank of America Merrill.


Infinera (NASDAQ:INFN) was upgraded to a Buy from Hold at Jefferies.


Duke Energy (NYSE:DUK) was upgraded to Outperform from Neutral at Macquarie.


AFLAC (NYSE:AFL) was downgraded to Sector Perform from Outperform at RBC Capital. (NASDAQ:CTRP) was upgraded to a Hold from Sell at Brean Murray.


Canadian Pacific (NYSE:CP) was upgraded to Overweight from Equal Weight at Barclays.


WPX Energy (NYSE:WPX) was downgraded to a Negative from Neutral at Susquehanna.


FLY Leasing (NYSE:FLY) was downgraded to a Neutral from Buy at Citigroup.


Abercrombie & Fitch (NYSE:ANF) was downgraded to Market Perform from Outperform at Wells Fargo.

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