Early Research Calls

Published on Tuesday, 09 October 2012 07:25 Written by Danny Miller

New York, October 9^th (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

Allot Communications (NASDAQ: ALLT) was upgraded to a Buy from Hold at Jefferies.

Ann Inc. (NYSE: ANN) was downgraded to Equal-Weight from Overweight at Morgan Stanley.

Cardinal Health (NYSE: CAH) was upgraded to Overweight from Market Weight at ISI Group. The firm set its target price at $46.

Edison International (NYSE: EIX) was downgraded to a Hold from Buy at Jefferies.

Eli Lilly (NYSE: LLY) was upgraded to a Neutral from Sell at Goldman Sachs.

Fluidigm Corp. (NASDAQ: FLDM) was downgraded to a Neutral from Buy at Mizuho. The firm set its target price at $17.

Intel (NASDAQ: INTC) was downgraded to Underperform from Market Perform at Bernstein.

Netflix (NASDAQ: NFLX) was downgraded to Underperform from Buy at Bank of America Merrill. 

Progress Software (NASDAQ: PRGS) was downgraded to a Neutral from Buy at Mizuho. The firm cut its target price to $14.50 from $21.

Questcor Pharmaceuticals (NASDAQ: QCOR) was upgraded to a Buy from Hold at Jefferies.

RadioShack (NYSE: RSH) was upgraded to a Buy from Underperform at Bank of America Merrill. 

Trinity Industries (NYSE: TRN) was upgraded to a Strong Buy from Market Perform at Raymond James.

Veolia Environnement (NYSE: VE) was downgraded to a Neutral from Overweight at HSBC Securities.