Top Analyst Upgrades and Downgrades (NLY, MT, CAP, CRAI, HOS, MPC, MELI, MTG, NOK, JWN, OPEN, PH, SKS, SXL, TDC, WFM, INT, ZIP)
August 3, 2012 by Jon C. Ogg
Annaly Capital Management Inc. (NYSE: NLY) cut to Hold at Wunderlich.
ArcelorMittal (NYSE: MT) maintained Outperform after S&P downgrade with comment “We actually believe a material overhang has been removed, which makes the equity a lot more investable…” by Credit Suisse.
CAI International Inc. (NYSE: CAP) named Value Stock of the Day at Zacks.
CRA International (NASDAQ: CRAI) named Bear of the Day at Zacks.
Hornbeck Offshore Services Inc. (NYSE: HOS) reiterated Outperform with $46 target and noted as “Sell off overblown” at Credit Suisse.
Marathon Petroleum Corp. (NYSE: MPC) named Bull of the Day at Zacks.
Mercadolibre Inc. (NASDAQ: MELI) raised to Overweight at JPMorgan.
MGIC Investment Corp. (NYSE: MTG) cut to Market Perform at FBR.
Nokia Corp. (NYSE: NOK) cut to Sell from Neutral at Goldman Sachs.
Nordstrom Inc. (NYSE: JWN) cut to Neutral at Baird.
OpenTable Inc. (NASDAQ: OPEN) raised to Outperform at Oppenheimer after strong guidance (shares indicated up 10%).
Parker Hannifin Corp. (NYSE: PH) maintained Buy but cut target to $92 from $100 at Argus.
Saks Inc. (NYSE: SKS) reiterated Buy with $14 target at Argus.
Sunoco Logistics Partners L.P. (NYSE: SXL) raised to Buy at BofA/ML.
Teradata Corp. (NYSE: TDC) raised to Buy at Stern Agee.
Whole Foods Market Inc. (NASDAQ: WFM) raised to Overweight at Morgan Stanley.
World Fuel Services Corporation (NYSE: INT) cut to Underperform at BofA/ML.
Zipcar Inc. (NASDAQ: ZIP) cut to Underweight at Morgan Stanley, to Neutral at JPMorgan and to Hold at Needham (all after lower guidance; shares down almost 30%).
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JON C. OGG
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