Up/Downgrades

Published on Wednesday, 25 July 2012 07:38 Written by Danny Miller

New York, July 25^th (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

Amgen (NASDAQ: AMGN) was upgraded to Outperform from Neutral at Credit Suisse.

Apple (NASDAQ: AAPL) was downgraded to Outperform from Strong Buy at Raymond James.

Deckers Outdoor (NASDAQ: DECK) was downgraded to a Neutral from Buy at Lazard.

Dole Food (NYSE: DOLE) was upgraded to a Buy from Underperform at Bank of America Merrill.

ENI S.p.A. (NYSE: E) was downgraded to a Neutral from Overweight at HSBC Securities.

Group 1 Automotive (NYSE: GPI) was upgraded to a Buy from Neutral at Goldman Sachs.

International Game Technology (NYSE: IGT) was downgraded to a Neutral from Outperform at Credit Suisse.

Intuitive Surgical (NASDAQ: ISRG) was upgraded to a Buy at Mizuho, while the firm set its target price at $540.

Netflix (NASDAQ: NFLX) was downgraded to a Neutral from Overweight at Piper Jaffray.

Polycom (NASDAQ: PLCM) was downgraded to a Neutral from Buy at Citigroup and to Market Perform at Wells Fargo.

Regions Financial (NYSE: RF) was upgraded to a Buy from Neutral at SunTrust.

RF Micro Device (NASDAQ: RFMD) was downgraded to a Sell from Neutral at UBS.

Riverbed Technology (NASDAQ: RVBD) was upgraded to a Buy at Mizuho. The firm also raised its target price to $25 per share following earnings. The stock was upgraded to Sector Perform from Underperform at RBC Capital.

Sigma-Aldrich (NASDAQ: SIAL) was downgraded to Outperform from Buy at Credit Agricole.

Thomson Reuters (NYSE: TRI) was upgraded to a Buy from Neutral at Citigroup.

Total System (NYSE: TSS) was downgraded to Market Perform from Outperform at JMP Securities.

Wipro (NYSE: WIT) was downgraded to a Neutral from Overweight at HSBC Securities.