Early Research Calls

Published on Thursday, 17 May 2012 08:25 Written by Christian Paolinetti

CPNew York, May 17th (TradersHuddle.com) - 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.

 

Ctrip.com (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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