Up/Downgrades

Published on Tuesday, 04 September 2012 07:51 Written by Danny Miller

New York, September 4^th (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

Advanced Micro Devices (NYSE: AMD) was downgraded to Underweight at Evercore.

American States Water (NYSE: AWR) was downgraded to a Neutral from Outperform at Robert W. Baird. The firm set its target price at $40.

ARM Holdings (NASDAQ: ARMH) was downgraded to a Sell from Hold at Deutsche Bank.

ConAgra (NYSE: CAG) was upgraded to Overweight from Neutral at JPMorgan.

CSX Corp (NYSE: CSX) was downgraded to a Hold from Buy at Dahlman Rose.

Gamestop (NYSE: GME) was upgraded to a Buy from Neutral at Goldman Sachs.

General Mills (NYSE: GIS) was downgraded to a Neutral from Overweight at JPMorgan.

Goldman Sachs (NYSE: GS) was upgraded to a Buy from Outperform at Credit Agricole.

Informatica (NASDAQ: INFA) was upgraded to Outperform from Neutral at Robert W. Baird. The firm raised its target price to $40. Evercore upgraded the stock to Overweight from Equal Weight.

Ingersoll-Rand (NYSE: IR) was downgraded to a Neutral from Buy at Bank of America Merrill.

International Business Machines (NYSE: IBM) was upgraded to Overweight from Equal Weight at Barclays. The firm raised its target price to $240 from $208.

Medicis Pharmaceutical (NYSE: MRX) was upgraded to a Neutral from Underperform at Credit Suisse.

Morgan Stanley (NYSE: MS) was upgraded to Overweight from Neutral at JPMorgan.

News Corp. (NASDAQ: NWSA) was upgraded to Overweight from Equal Weight at Barclays.

Norfolk Southern (NYSE: NSC) was downgraded to a Hold from Buy at Dahlman Rose.

Northwestern Corp (NYSE: NWE) was downgraded to a Neutral from Outperform at Robert W. Baird. The firm set its target price at $38.

NYSE Euronext (NYSE: NYX) was upgraded to Outperform from Market Perform at Keefe Bruyette.

NVIDIA (NASDAQ: NVDA) was downgraded to a Neutral from Positive at Susquehanna and to Underweight at Evercore.

TiVo (NASDAQ: TIVO) was upgraded to Overweight from Neutral at JPMorgan.