August 17, 2011 at 01:07 AM EDT
Wall Street Upgrades and Downgrades 08-16-11
wall street upgrades downgradesWall Street's Upgrades / Downgrades for Tuesday August 16, 2011 continued the trend of significantly more upgrades. Analysts' have generally viewed the recent decline in stocks as opportunity to upgrade the shares they have coveted most. However, perhaps they are missing the trickle-down that would inevitably reach them from their own economists' and strategists' guidance in the weeks ahead should the foreseeing market foreshadow recession.

Wall Street Upgrades and Downgrades

UPGRADES

Company

Analyst’s Firm

From

To

Arris (Nasdaq: ARRS)

Avondale

Market Perform

Market Outperform

Cal Dive (NYSE: DVR)

Morgan Keegan

Market Perform

Outperform

Dexcom (Nasdaq: DXCM)

Feltl & Co.

Hold

Buy

Hess (NYSE: HES)

The Benchmark Co.

Sell

Buy

KAR Auction (NYSE: KAR)

Barrington Research

Market Perform

Outperform

Neostem (AMEX: NBS)

WBB Securities

Hold

Speculative Buy

Sprint Nextel (NYSE: S)

Collins Stewart

Neutral

Buy

Toll Brothers (NYSE: TOL)

Stifel Nicolaus

Sell

Hold

Valspar (NYSE: VAL)

Longbow

Neutral

Buy

VMWare (NYSE: VMW)

Barclays Capital

Equal Weight

Overweight

Watsco (NYSE: WSO)

BB&T Capital Mkts.

Hold

Buy

DOWNGRADES

Company

Analyst’s Firm

From

To

Albemarle (NYSE: ALB)

Oppenheimer

Perform

Underperform

Motorola Mobility (NYSE: MMI)

UBS

Buy

Neutral

SinoHub (Nasdaq: SIHI)

Rodman & Renshaw

Market Outperform

Market Perform

Tri-Tech (Nasdaq: TRIT)

Brean Murray

Buy

Hold


Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

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