Early Research Calls

Published on Tuesday, 21 August 2012 07:56 Written by Danny Miller

New York, August 21^st (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

ABB Ltd (NYSE: ABB) was downgraded to a Sell from Hold at Deutsche Bank.

Auxilium Pharmaceuticals (NASDAQ: AUXL) was downgraded to Underweight from Equal-Weight at Morgan Stanley.

Banco Santander (NYSE: SAN) was downgraded to a Neutral from Overweight at JPMorgan.

Diamond Offshore (NYSE: DO) was downgraded to a Neutral from Buy at Guggenheim.

EnCana (NYSE: ECA) was downgraded to a Sell from Hold at Societe Generale.

ENGlobal (NASDAQ: ENG) was downgraded to a Hold from Buy at KeyBanc Capital Markets.

Fossil (NASDAQ: FOSL) was downgraded to a Hold from Buy at ISI Group.

Groupon (NASDAQ: GRPN) was downgraded to Underweight from Equal Weight at Barclays.

Netflix (NASDAQ: NFLX) was upgraded to an Average at Caris.

Tal International Group (NYSE: TAL) was downgraded to a Neutral from Buy at Nomura.

Textainer Group (NYSE: TGH) was downgraded to a Neutral from Buy at Nomura.

Triangle Capital Corp. (NYSE: TCAP) was downgraded to a Neutral from Buy at Sterne Agee.

Urban Outfitters (NASDAQ: URBN) was upgraded to Outperform from Market Perform at William Blair and to a Hold from Sell at Brean Murray.

Washington REIT (NYSE: WRE) was upgraded to Market Perform from Underperform at Wells Fargo.

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

Worthington (NYSE: WOR) was downgraded to a Hold from Buy at KeyBanc Capital Markets.