Top Pre-Market Upgrades/Downgrades (CY, ONNN, PCLN, ATPG, BHP, IGT, WPRT, CAT, JPM, SHPGY)

Here is a list of this morning’s top companies upgrades, downgrades, and initiations by brokerage firms.

Upgrades:

  • Cypress Semiconductor (CY) upgraded to Outperform at Pacific Crest
  • ON Semiconductor (ONNN) upgraded to Outperform at BMO Capital
  • Priceline.com (PCLN) upgraded to Buy at Goldman Sachs

Downgrades:

  • ATP Oil & Gas (ATPG) downgraded to Neutral at Global Hunter
  • BHP Billiton (BHP) downgraded to Underweight at JP Morgan
  • International Game Technology (IGT) downgraded to Sell at Goldman Sachs
  • Westport Innovations (WPRT) downgraded to Market Perform at Northland Securities

Coverage Initiated:

  • Caterpillar (CAT) initiated with a Buy at Jefferies
  • JPMorgan Chase (JPM) initiated with an Outperform at FBR Capital Markets
  • Shire Plc. (SHPGY) initiated with a Buy at Deutsche Bank

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