Upgrades

  • AutoZone (AZO) upgraded to Outperform from Neutral at Credit Suisse
  • BHP Billiton (BHP) upgraded to Outperform from Sector Perform at RBC Capital Markets
  • CME Group (CME) upgraded to Overweight from Equal Weight at Evercore
  • Canadian Pacific (CP) upgraded to Buy from Neutral at Citigroup
  • Hub Group (HUBG) upgraded to Buy from Hold at Stifel Nicolaus
  • Marten Transport (MRTN) upgraded to Buy from Hold at Stifel Nicolaus
  • Millennial Media (MM) upgraded to Buy from Neutral at Goldman Sachs
  • Morgan Stanley (MS) upgraded to Buy from Neutral at UBS
  • Peabody Energy (BTU) upgraded to Buy from Neutral at Davenport
  • Prestige Brands (PBH) upgraded to Buy from Neutral at Janney Capital
  • Prestige Brands (PBH) upgraded to Outperform from Perform at Oppenheimer
  • Salesforce.com (CRM) upgraded to Buy from Outperform at CLSA
  • Sprint (S) upgraded to Buy from Neutral at Guggenheim
  • Synacor (SYNC) upgraded to Neutral from Underperform at BofA/Merrill

Downgrades

  • Anglo American (AAUKY) downgraded to Sector Perform from Outperform at RBC Capital Markets
  • Bankrate (RATE) downgraded to Neutral from Buy at Goldman Sachs
  • Cavium Networks (CAVM) downgraded to Neutral from Buy at UBS
  • Cypress Semi (CY) downgraded to Neutral from Buy at UBS
  • GT Advanced Tech. (GTAT) downgraded to Hold from Buy at Ardour Capital
  • Gamestop (GME) downgraded to Average from Buy at Caris & Company
  • Identive Group (INVE) downgraded to In-Line from Outperform at Imperial Capital
  • Power-One (PWER) downgraded to Hold from Buy at Cantor Fitzgerald
  • SatCon Tech (SATC) downgraded to Hold from Buy at Cantor Fitzgerald
  • Sysco (SYY) downgraded to Underweight from Equal Weight at Barclays
  • Tupperware (TUP) downgraded to Hold from Buy at Argus

Initiations

  • Acorda Therapeutics (ACOR) initiated with a Sell at Goldman Sachs
  • Bristol-Myers (BMY) initiated with an Outperform at BMO Capital
  • Cardiovascular Systems (CSII) initiated with a Buy at MLV & Co
  • Corning (GLW) initiated with a Neutral at Susquehanna
  • Cree (CREE) initiated with a Positive at Susquehanna
  • DCP Midstream (DPM) initiated with an Outperform at RBC Capital Markets
  • Dendreon (DNDN) initiated with a Sell at Maxim Group
  • Exactech (EXAC) initiated with a Buy at The Benchmark Company
  • Hawaiian Holdings (HA) initiated with an Outperform at Imperial Capital
  • Mattel (MAT) initiated with a Buy at SunTrust
  • Merck (MRK) initiated with a Market Perform at BMO Capital
  • Micron (MU) initiated with a Buy at ThinkEquity
  • Phillips 66 (PSX) initiated with an Outperform at Howard Weil Market
  • Robbins & Myers (RBN) initiated with a Buy at Capstone Investments
  • SanDisk (SNDK) initiated with a Hold at ThinkEquity
  • Spansion (CODE) initiated with a Buy at ThinkEquity
  • Spectra Energy LP (SEP) initiated with a Sector Perform at RBC Capital Markets
  • Tower Semicon (TSEM) initiated with a Buy at Maxim Group
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Economic Calendar

Earnings Today

  • ANN, DCI, FL, HIBB, VIV

Market Profile and ES Pivot Points

Value Area High 1321.75
Point of Control 1318.75
Value Area Low 1310.75
R3 1338.33
R2 1331.42
R1 1316.33
Pivot 1309.42
S1 1294.33
S2 1287.42
S3 1272.33
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Upgrades

  • AMAG Pharma (AMAG) upgraded to Buy from Neutral at Ladenburg Thalmann
  • Acadia Healthcare (ACHC) upgraded to Buy from Hold at Deutsche Bank
  • Atmos Energy (ATO) upgraded to Buy from Neutral at BofA/Merrill
  • Canadian Pacific (CP) upgraded to Overweight from Equal Weight at Barclays
  • Chesapeake Midstream (CHKM) upgraded to Buy from Hold at Deutsche Bank
  • Citi Trends (CTRN) upgraded to Neutral from Underweight at Piper Jaffray
  • Ctrip.com (CTRP) upgraded to Hold from Sell at Brean Murray
  • Duke Energy (DUK) upgraded to Outperform from Neutral at Macquarie
  • G&K Svcs (GKSR) upgraded to Buy from Hold at KeyBanc Capital Markets
  • Harsco (HSC) upgraded to Strong Buy from Market Perform at Raymond James
  • Helmerich & Payne (HP) upgraded to Buy from Hold at Argus
  • Herbalife (HLF) upgraded to Buy from Average at Caris & Company
  • Heritage Financial (HBOS) upgraded to Outperform from Market Perform at Keefe Bruyette
  • Infinera (INFN) upgraded to Buy from Hold at Jefferies
  • Legg Mason (LM) upgraded to Buy from Neutral at Citigroup
  • Millennial Media (MM) upgraded to Overweight from Equal Weight at Morgan Stanley

Downgrades

  • Abercrombie & Fitch (ANF) downgraded to Market Perform from Outperform at Wells Fargo
  • Aflac (AFL) downgraded to Sector Perform from Outperform at RBC Capital
  • Berry Petroleum (BRY) downgraded to Market Perform from Outperform at Raymond James
  • Cimarex Energy (XEC) downgraded to Market Perform from Outperform at Raymond James
  • Cintas (CTAS) downgraded to Hold from Buy at KeyBanc Capital Markets
  • Clayton Williams (CWEI) downgraded to Underperform at Raymond James
  • Cost Plus (CPWM) downgraded to Hold from Buy at KeyBanc Capital Markets
  • First Potomac (FPO) downgraded to Market Perform from Outperform at Raymond James
  • Fly Leasing (FLY) downgraded to Neutral from Buy at Citigroup
  • Forest Oil (FST) downgraded to Market Perform from Outperform at Raymond James
  • Green Dot (GDOT) downgraded to Neutral from Buy at Goldman Sachs
  • Hancock Holding (HBHC) downgraded to Neutral from Outperform at Macquarie
  • Riverbed Technology (RVBD) downgraded to Neutral from Buy at MKM Partners
  • Visa (V) downgraded to Buy from Conviction Buy at Goldman Sachs
  • WPX Energy (WPX) downgraded to Negative from Neutral at Susquehanna

Initiations

  • Agilent (A) initiated with an Outperform at Wells Fargo
  • Alphatec (ATEC) initiated with an Overweight at Piper Jaffray
  • ArthroCare (ARTC) initiated with an Overweight at Piper Jaffray
  • Bruker (BRKR) initiated with an Outperform at Wells Fargo
  • C.H. Robinson (CHRW) initiated with a Hold at Wunderlich
  • CareFusion (CFN) initiated with an Overweight at Piper Jaffray
  • Celadon Group (CGI) initiated with a Buy at Wunderlich
  • Crocs (CROX) initiated with a Neutral at SunTrust
  • Heartland Express (HTLD) initiated with a Hold at Wunderlich
  • Infoblox (BLOX) initiated with an Outperform at JMP Securities
  • JB Hunt Trans (JBHT) initiated with a Hold at Wunderlich
  • Kirby Corp (KEX) initiated with a Buy at Wunderlich
  • Knight Transportation (KNX) initiated with a Buy at Wunderlich
  • Landstar System (LSTR) initiated with a Hold at Wunderlich
  • Marten Transport (MRTN) initiated with a Hold at Wunderlich
  • Micron (MU) initiated with a Neutral at Susquehanna
  • Rush Enterprises (RUSHA) initiated with a Buy at Wunderlich
  • SanDisk (SNDK) initiated with a Positive at Susquehanna
  • Swift Transportation (SWFT) initiated with a Buy at Wunderlich
  • Thermo Fisher (TMO) initiated with a Market Perform at Wells Fargo
  • Tyler Tech (TYL) initiated with a Buy at The Benchmark Company
  • US Airways (LCC) initiated with an Outperform at Raymond James
  • Waters (WAT) initiated with an Outperform at Wells Fargo
  • Werner (WERN) initiated with a Buy at Wunderlich
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Pre Market May 17 2012 – Economic Calendar, Earnings Today & ES Pivots

May 17, 2012

Economic Calendar 08:30 am EST – Jobless Claims 10:00 am EST – Philadelphia Fed Survey 10:00 am EST – Leading Indicators 10:30 am EST – EIA Natural Gas Report Earnings Today AAP, ADSK, CRM, CSC, DLTR, GME, GPS, INTU, PCP, PLCE, QSII, ROST , SHLD, TK, WMT, YOKU Market Profile and ES Pivot Points Value [...]

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Pre Market May 16 – 2012 Upgrades / Downgrades / Initiations | Upgrades, Downgrades, Initiations

May 16, 2012

Upgrades Akamai (AKAM) upgraded to Neutral from Sell at Citigroup Cisco (CSCO) upgraded to Overweight from Equal Weight at Barclays Dunkin’ Brands (DNKN) upgraded to Buy from Hold at Argus Encore Wire (WIRE) upgraded to Buy from Accumulate at Global Hunter Securities Fossil (FOSL) upgraded to Buy from Neutral at Citigroup Hollysys Automation (HOLI) upgraded [...]

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Pre Market May 16 2012 – Economic Calendar, Earnings Today & ES Pivots

May 16, 2012

Economic Calendar 08:30 am EST – Housing Starts 09:15 am EST – Industrial Production 10:30 am EST – EIA Petroleum Status Report 02:00 pm EST – FOMC Minutes Earnings Today ANF, CPWM, DE, LTD, TGT Market Profile and ES Pivot Points Value Area High 1342.00 Point of Control 1338.50 Value Area Low 1332.00 R3 1355.67 [...]

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Pre Market May 15 – 2012 Upgrades / Downgrades / Initiations | Upgrades, Downgrades, Initiations

May 15, 2012

Upgrades Akamai (AKAM) upgraded to Buy from Neutral at Janney Capital Amazon.com (AMZN) upgraded to Outperform from Neutral at Credit Suisse Amedisys (AMED) upgraded to Neutral from Underperform at Robert W. Baird Cepheid (CPHD) upgraded to Buy from Neutral at UBS Colgate-Palmolive (CL) upgraded to Buy from Hold at Argus Dominion (D) upgraded to Buy [...]

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Pre Market May 15 2012 – Economic Calendar, Earnings Today & ES Pivots

May 15, 2012

Economic Calendar 08:30 am EST – Consumer Price Index 08:30 am EST – Retail Sales 08:30 am EST – Empire State Mfg Survey 09:00 am EST – Treasury International Capital 10:00 am EST – Business Inventories 10:00 am EST – Housing Market Index Earnings Today DKS, HD, JCP, SINA, TAM, TJX, VAL, YOKU Market Profile [...]

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Pre Market May 14 – 2012 Upgrades / Downgrades / Initiations | Upgrades, Downgrades, Initiations

May 14, 2012

Upgrades Alliant Energy (LNT) upgraded to Outperform from Neutral at Robert W. Baird Arch Coal (ACI) upgraded to Buy from Neutral at UBS Ares Capital (ARCC) upgraded to Equal Weight from Underweight at Barclays Artesian Resrces (ARTNA) upgraded to Outperform from Neutral at Robert W. Baird Career Education (CECO) upgraded to Market Perform from Underperform [...]

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Pre Market May 14 2012 – Economic Calendar, Earnings Today & ES Pivots

May 14, 2012

Economic Calendar Earnings Today A, AL, IOC, SLW, TOT, TV Market Profile and ES Pivot Points Value Area High 1361.50 Point of Control 1359.50 Value Area Low 1351.50 R3 1378.08 R2 1370.67 R1 1360.33 Pivot 1352.92 S1 1342.58 S2 1335.17 S3 1324.83

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