Research Calls

Published on Monday, 10 September 2012 08:12 Written by Danny Miller

New York, September 10^th (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

American Eagle Outfitters (NYSE: AEO) was upgraded to a Buy from Neutral at Sterne Agee.

Amgen (NASDAQ: AMGN) was upgraded to a Buy from Neutral at UBS.

Carpenter Technology (NYSE: CRS) was upgraded to Overweight from Neutral at JPMorgan.

Cliffs Natural Resources (NYSE: CLF) was downgraded to a Neutral from Buy at Goldman Sachs.

Dover (NYSE: DOV) was upgraded to a Neutral from Underweight at JPMorgan.

Exelon (NYSE: EXC) was downgraded to a Sell from Neutral at Citigroup.

International Paper (NYSE: IP) was downgraded to a Hold from Buy at Deutsche Bank.

Koppers Holdings (NYSE: KOP) was upgraded to a Buy from Hold at KeyBanc Capital Markets.

Metals USA (NYSE: MUSA) was upgraded to a Buy from Neutral at Goldman Sachs.

Moody's (NYSE: MCO) was upgraded to a Buy from Neutral at Lazard.

NRG Energy (NYSE: NRG) was upgraded to a Buy from Neutral at Goldman Sachs.

Packaging Corp. (NYSE: PKG) was downgraded to a Hold from Buy at Deutsche Bank.

Regions Financial (NYSE: RF) was upgraded to Conviction Buy at Goldman Sachs.

Rock-Tenn (NYSE: RKT) was downgraded to a Hold from Buy at Deutsche Bank.

Sanofi-Aventis (NYSE: SNY) was upgraded to a Buy from Neutral at Bank of America Merrill.

Sprint Nextel (NYSE: S) was upgraded to a Buy from Neutral at Nomura.

Tyco International (NYSE: TYC) was downgraded to a Neutral from Overweight at JPMorgan.

Wells Fargo (NYSE: WFC) was downgraded from Conviction Buy at Goldman Sachs.