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Top Analyst Upgrades & Downgrades (ACC, AEP, MT, C, DLR, DNKN, GPC, IPG, LHO, SHLD, SGY, TYC, URI)

Administrator — Mon, 27 Feb 2012 13:17:32 +0000

These are some of this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls.

American Campus Communities Inc. (NYSE: ACC) Raised to Buy at Argus.
American Electric Power (NYSE: AEP) Raised to Buy at Jefferies.
Arcelor Mittal (NYSE: MT) named as Bear of the Day at Zacks.
Citigroup, Inc. (NYSE: C) Added to U.S. Focus List at Credit Suisse.
Digital Realty Trust, Inc. (NYSE: DLR) Cut to Sector Perform at RBC.
Dunkin Brands Group, Inc. (NASDAQ: DNKN) Started as Buy at Citigroup.
Genuine Parts Co. (NYSE: GPC) named as Bull of the Day at Zacks.
Interpublic Group of Companies, Inc. (NYSE: IPG) Raised to Buy at Deutsche Bank.
LaSalle Hotel Properties (NYSE: LHO) Raised to Outperform at Wells Fargo.
Sears Holding Corporation (NASDAQ: SHLD) Maintained Underperform at Credit Suisse.
Stone Energy Corporation (NYSE: SGY) named as Value Stock of the Day at Zacks.
Tyco International. Ltd (NYSE: TYC) Raised to Outperform at Credit Suisse.
United Rentals Inc. (NYSE: URI) Started as Buy at Citigroup.

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JON C. OGG

Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: ACC, AEP, C, DLR, DNKN, GPC, IPG, LHO, MT, SGY, SHLD, TYC, URI

Top Pre-Market Analyst Upgrades (ACC, CLS, CHS, EL, JBLU, SLGN, TRMB)

247wallst — Fri, 24 Oct 2008 07:05:07 +0000

These are some of the top pre-market analyst upgrades we are seeing this Friday-crash morning:

American Campus (ACC) Raised to Outperform at Baird.
Celestica (CLS) Raised to Outperform at CIBC.
Chico’s FAS (CHS) Raised to Market Weight at Thomas Weisel.
Estee Lauder (EL) Raised to Neutral from Sell at Piper Jaffray.
Jetblue (JBLU) Raised to Overweight at JPMorgan.
Silgan Holdings (SLGN) Raised to Buy at Deutsche Bank.
Trimble Navigation (TRMB) Raised to Outperform at Oppenheimer.

Jon C. Ogg
October 24, 2008

Posted in Analyst Calls Tagged: ACC, CHS, CLS, EL, JBLU, SLGN, TRMB

American Campus Communities Rises On Share Sale (ACC)

247wallst — Fri, 18 Apr 2008 11:53:06 +0000

American Campus Communities (NYSE: ACC) priced its public offering of 8 million shares of common stock at $28.75 per share.

The underwriters, Merrill Lynch, KeyBanc Capital Markets, Deutsche Bank Securities, and JP Morgan, are allotted an additional 1.2 million shares. The $230 million in proceeds for the student housing owner and manager will be used to pay for their purchase of rival GMH Communities Trust for $1.4 billion if the deal goes through. Should the deal fall through, the cash will be used to repay debt obligations, to fund pipeline development, or for potential acquisitions.

Prior to this offering, the market cap was listed as $816 million. Shares are up about 2.5% to $29.83 today. The 52-week range is $23.18 to $31.68

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Rachel Lopez
April 18, 2008