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Top Analyst Upgrades and Downgrades (CIEN, DRYS, ICE, IM, NAT, ORLY, RAX, PRSP, RF, STI, SLB, TMH, TIF)
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These are this Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls:
Ciena Corp. (NASDAQ: CIEN) Started as Buy at Auriga.
DryShips (NASDAQ: DRYS) Raised to Buy at Cantor Fitzgerald.
Intercontinental Exchange (NYSE: ICE) Raised to Buy at Deutsche Bank.
Imgram Micro (NYSE: IM) Raised to Overweight at Thomas Weisel.
Nordic American Tanker (NYSE: NAT) Raised to Hold at Cantor Fitzgerald.
O’Reilly Auto (NASDAQ: ORLY) Raised to Outperform at FBR Capital.
Rackspace Hosting (NYSE: RAX) Started as Buy at Merriman Curhan Ford.
Prosperity Bancshares (NASDAQ: PRSP) Cut to Market Perform at BMO Capital Markets.
Regions Financial (NYSE: RF) Cut to Market Perform at FBR Capital.
SunTrust Banks (NYSE: STI) Cut to Sell at Stifel Nicolaus; Raised to Outperform at FBR Capital.
Schlumberger Ltd. (NYSE: SLB) Raised to Outperform at FBR Capital.
Team Health Holdings (NYSE: TMH) Started as Buy at Citigroup; Started as Overweight at Barclays; Started as Outperform at Morgan Keegan; Started as Neutral at Goldman Sachs; Started as Hold at Deutsche Bank.
Tiffany & Co. (NYSE: TIF) Raised to Overweight at HSBC.
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JON C. OGG
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