Research Calls

Published on Monday, 06 August 2012 07:55 Written by Danny Miller

New York, August 6^th (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

American Water (NYSE: AWK) was upgraded to Outperform from Neutral at Robert W. Baird. The firm raised its target price to $41 from $35.

Annaly Capital Management (NYSE: NLY) was downgraded to Underperform from Market Perform at FBR Capital.

Arris (NASDAQ: ARRS) was upgraded to a Buy from Hold at Jefferies.

Beazer Homes (NYSE: BZH) was upgraded to Market Perform from Underperform at Wells Fargo and to a Neutral from Underperform at Credit Suisse.

Brookfield Properties (NYSE: BPO) was downgraded to a Neutral from Buy at Citigroup.

Chesapeake Energy (NYSE: CHK) was downgraded to Market Perform from Outperform at BMO Capital.

CryoLife  (NYSE: CRY) was downgraded to a Hold from Buy at The Benchmark Company.

CSR plc (NASDAQ: CSRE) was upgraded to a Neutral from Sell at Citigroup.

Curtiss-Wright (NYSE: CW) was upgraded to a Buy from Hold at Capstone.

Endologix (NASDAQ: ELGX) was upgraded to a Buy from Neutral at Lazard.

Edwards Lifesciences (NYSE: EW) was downgraded to Outperform at RBC Capital.

Kraft Foods (NASDAQ: KFT) was upgraded to a Buy from Hold at Jefferies.

Martin Midstream Partners LP (NASDAQ: MMLP) was downgraded to Market Perform from Outperform at Wells Fargo.

Progressive (NYSE: PGR) was downgraded to a Neutral from Outperform at Credit Suisse.

Regions Financials (NYSE: RF) was upgraded to a Buy from Neutral at Bank of America Merrill.

Sappi Ltd. (NYSE: SPP) was upgraded to a Buy from Neutral at Citigroup.

Warner Chilcott (NASDAQ: WCRX) was downgraded to Equal-Weight from Overweight at Morgan Stanley.

WellCare Group (NYSE: WCG) was upgraded to Outperform from Neutral at Wedbush and to a Positive from Neutral at Susquehanna.