Upgrades & Downgrades

Published on Thursday, 25 October 2012 07:49 Written by Danny Miller

New York, October 25^th (TradersHuddle.com) – Following are some of the upgrades and downgrades before the market open.

Akamai Technologies (NASDAQ: AKAM) was upgraded to Outperform from Perform at Oppenheimer.

Crocs Inc (NASDAQ: CROX) was downgraded to a Neutral from Buy at Sterne Agee.

EnCana (NYSE: ECA) was upgraded to Outperform from Market Perform at BMO Capital.

Equinix (NASDAQ: EQIX) was upgraded to a Buy from Neutral at Citigroup.

F5 Networks (NASDAQ: FFIV) was downgraded to Perform from Outperform at Oppenheimer and to a Hold from Buy at Wunderlich.

FMC Technologies (NYSE: FTI) was downgraded to a Sell from Neutral at Goldman Sachs, but upgraded to a Hold from Underperform at Jefferies.

Honeywell (NYSE: HON) was upgraded to Outperform from Market Perform at Bernstein.

Intersil (NASDAQ: ISIL) was downgraded to a Sell from Neutral at Citigroup.

LSI Corp (NYSE: LSI) was downgraded to a Neutral from Outperform at Wedbush.

Motorola Solutions (NYSE: MSI) was downgraded to Outperform from Strong Buy at Raymond James.

Newfield Exploration (NYSE: NFX) was upgraded to Market Perform from Underperform at Raymond James.

Norfolk Southern (NYSE: NSC) was downgraded to a Neutral from Buy at Bank of America Merrill.

TriQuint Semiconductor (NASDAQ: TQNT) was downgraded to a Neutral from Buy at Lazard.

TrueBlue (NYSE: TBI) was downgraded to Market Perform from Outperform at BMO Capital.

Zynga (NASDAQ: ZNGA) was upgraded to a Buy from Hold at Needham. The firm set its target price at $4.