Below is a list of analyst upgrades/downgrades, and coverage initiations in Wall Street research calls this Friday morning with roughly 45 minutes until the market opens.
Analyst Upgrades:
- Network Engines (NASDAQ:NENG) upgraded to Buy from Hold at Cantor Fitzgerald ; price target raised to $1.50 from $1.00
- Pacific Sunwear (NASDAQ:PSUN) upgraded to Buy from Neutral at Pali Research
- Sanofi-Aventis (NYSE:SNY) upgraded to Overweight from Neutral at JPMorgan Chase
- Williams -Sonoma (NYSE:WSM) upgraded to Buy from Neutral at Goldman Sachs
- Netezza (NYSE:NZ) upgraded to Buy from Accumulate at ThinkEquity ; price target set at $12
- OmniVision (NASDAQ:OVTI) Kaufman Bros raises target to $17 from $12
- Noble Corporation (NYSE:NE) target raised to $55 at Jesup & Lamont
- Armstrong World Industries (NYSE:AWI) upgraded to Buy from Neutral at Sun Trust Rbsn Humphrey ; price target set at $40
- J. Crew (NYSE:JCG) upgraded to Buy from Hold at Citigroup – Needham upgrades JCG as well to Hold from Underperform
- Aruba Networks (NASDAQ:ARUN) upgraded to Outperform from Sector Perform at RBC Capital Markets
- Shoe Carnival (NASDAQ:SCVL) upgraded to Buy from Neutral at Sterne Agee ; price target raised to $18
- Royal Bank of Canada (NYSE:RY) upgraded to Outperform from Neutral at Macquarie
- Marvell (NASDAQ:MRVL) gets its price target raised at Deutsche Bank to $15 from $13
Analyst Downgrades:
- Cedar Fair (NYSE:FUN) downgraded to Hold from Buy at KeyBanc Capital Mkts
- Boeing (NYSE:BA) downgraded to Neutral at boutique firm
- Bristol-Myers (NYSE:BMY) downgraded to Equal Weight from Overweight at Morgan Stanley
- Atmos Energy (NYSE:ATO) downgraded to Hold from Buy at Argus
- American Capital (NASDAQ:AGNC) downgraded to Neutral from Buy at Bank of America/Merrill Lynch
- Micros Systems (NASDAQ:MCRS) downgraded to Hold from Buy at Brean Murray
- Realty Income (NYSE:O) downgraded to Neutral from Buy at Janney Mntgmy Scott
- Potash (NYSE:POT) downgraded to Neutral from Buy at UBS
- Hatteras Financial (NYSE:HTS) downgraded to Neutral from Buy at Bank of America/Merrill Lynch
- Mosaic (NYSE:MOS) downgraded to Neutral from Buy at UBS
Coverage Initiated
- Newmont Mining (NYSE:NEM) started as Buy at Jefferies & Co
- BP (NYSE:BP) initiated with an Outperform at Raymond James
- Becton Dickinson (NYSE:BDX) started as Overweight at Piper Jaffray
- Ebix (NASDAQ:EBIX) initiated with an Outperform at Northland securities ; price target raised to $55
- Barrick Gold (NYSE:ABX) started as Hold at Jefferies & Co
- Zoltek (NASDAQ:ZOLT) initiated with a Hold at Deutsche Securities ; price target $8
- Agnico-Eagle Mines (NYSE:AEM) initiated with a Buy at Jefferies & Co
- Transdigm Group(NYSE:TDG) started as Buy at Sun Trust Rbsn Humphre
- Compass Minerals Intl (NYSE:CMP) initiated with an Outperform at BMO Capital Markets
- Centerstate Banks of Florida (NASDAQ:CSFL) initiated with an In-Line at Fox Pitt
- Sunoco Logistics (NYSE:SXL) started as Outperform at Morgan Keegan
- Enbridge Energy (NYSE:EEP) started as Mkt Perform at Morgan Keegan
