Early Research Calls

Published on Tuesday, 17 July 2012 07:26 Written by Christopher Lynn

New York, July 17^th (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

Aeropostale (NYSE: ARO) was upgraded to Equal Weight from Underweight at Morgan Stanley.

Alcatel-Lucent (NYSE: ALU) was downgraded to a Hold from Buy at Deutsche Bank.

Chipotle Mexican Grill (NYSE: CMG) was upgraded to a Buy from Neutral at Citigroup.

Enbridge (NYSE: ENB) was upgraded to Overweight from Equal Weight at Barclays.

Express (NASDAQ: EXPR) was downgraded to Equal Weight from Overweight at Morgan Stanley.

Home Depot (NYSE: HD) was downgraded to a Neutral at Janney Capital Markets.

Limited (NYSE: LTD) was upgraded to Outperform from Neutral at Robert W. Baird. The firm raised its target price to $54 from $50.

Lowe's (NYSE: LOW) was downgraded to a Neutral at Janney Capital Markets.

Nokia (NYSE: NOK) was downgraded to Underperform from Hold at Jefferies.

Questar (NYSE: STR) was downgraded to Equal Weight from Overweight at Barclays

Quinstreet (NASDAQ: QNST) was downgraded to Underperform at Bank of America Merrill.

Target (NYSE: TGT) was downgraded to a Neutral from Buy at Citigroup.

Viacom (NASDAQ: VIAB) was downgraded to a Neutral from Buy at Bank of America Merrill.

Walt Disney (NYSE: DIS) was upgraded to a Buy from Neutral at Bank of America Merrill.

Weyerhaeuser (NYSE: WY) was downgraded to Underperform from Market Perform at BMO Capital.