Upgrades & Downgrades

Published on Monday, 08 October 2012 08:05 Written by Danny Miller

New York, October 8^th (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

ADTRAN (NASDAQ: ADTN) was downgraded to Underweight from Equal-Weight at Morgan Stanley.

Ashland (NYSE: ASH) was downgraded to a Neutral from Overweight at JPMorgan.

BlackRock (NYSE: BLK) was upgraded to a Buy from Neutral at Citigroup.

C.H. Robinson (NASDAQ: CHRW) was upgraded to a Neutral from Underweight at JPMorgan.

Constellation Brands (NYSE: STZ) was upgraded to a Neutral from Underweight at HSBC Securities.

KeyCorp (NYSE: KEY) was downgraded to a Hold from Buy at Deutsche Bank.

Maxim Integrated (NASDAQ: MXIM) was upgraded to a Neutral from Underweight at JPMorgan.

Panera Bread (NASDAQ: PNRA) was downgraded to Market Perform from Outperform at BMO Capital.

Netflix (NASDAQ: NFLX) was upgraded to Overweight from Equal-Weight at Morgan Stanley.

Renasant Corp. (NASDAQ: RNST) was downgraded to a Hold from Buy at Wunderlich.

Swift Energy (NYSE: SFY) was downgraded to a Neutral from Buy at Sun Trust Robinson Humphrey.

Western Gas Partners (NYSE: WES) was downgraded to a Neutral from Buy at UBS.