Up/Downgrades

Published on Monday, 20 August 2012 07:55 Written by Danny Miller

New York, August 20^th (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

Armstrong World Industries (NYSE: AWI) was downgraded to Equal Weight from Overweight at Barclays.

Bebe Stores, Inc. (NASDAQ: BEBE) was downgraded to a Neutral from Buy at Janney Capital Markets. The firm lowered its target price to $6 from $7.

CapitalSource (NYSE: CSE) was downgraded to a Neutral from Buy at Janney Capital Markets.

Pharmacyclics (NASDAQ: PCYC) was downgraded to Neutral from Buy at ROTH Capital.

Prosperity Bancshares (NYSE: PB) was upgraded to Outperform from Market Perform at BMO Capital.

Public Service Enterprise Group (NYSE: PEG) was downgraded to Underweight from Equal Weight at Morgan Stanley.

Public Storage (NYSE: PSA) was downgraded to Underperform from Sector Perform at RBC Capital.

RDA Microelectronics (NASDAQ: RDA) was downgraded to a Neutral from Buy at UBS.

Ross Stores (NASDAQ: ROST) was upgraded to a Buy from Neutral at Bank of America Merrill.

Stanley Black & Decker (NYSE: SWK) was downgraded to Equal Weight from Overweight at Barclays.

StemCells (NASDAQ: STEM) was downgraded to a Neutral from Buy at ROTH Capital.

Telecom Italia (NYSE: TI) was downgraded to a Neutral from Overweight at JPMorgan.

Wintrust Financial (NASDAQ: WTFC) was downgraded to Market Perform from Outperform at Keefe Bruyette.

Yanzhou Coal Mining (NYSE: YZC) was downgraded to a Sell from Hold at Deutsche Bank.

ZAGG Inc (NASDAQ: ZAGG) was downgraded to a Neutral from Buy at Janney Capital Markets.