Pre Market March 7 2014 – Upgrades / Downgrades / Initiations

Upgrades Today

  • Bank of Montreal (BMO) upgraded to Sector Performer from Underperformer at CIBC
  • Bridgepoint Education (BPI) upgraded to Outperform at William Blair
  • Cabot Oil & Gas (COG) upgraded to Buy from Accumulate at KLR Group
  • Charter Comm (CHTR) upgraded to Outperform from Market Perform at Northland Capital
  • Clean Harbors (CLH) upgraded to Strong Buy from Market Perform at Raymond James
  • Copa Holdings (CPA) upgraded to Buy from Neutral at UBS
  • Cross Country Healthcare (CCRN) upgraded to Buy from Neutral at Citigroup
  • GT Advanced (GTAT) upgraded to Outperform from Neutral at Credit Suisse
  • Haemonetics (HAE) upgraded to Buy from Neutral at Sidoti
  • Ivanhoe Mines (IVN) upgraded to Buy from Neutral at UBS
  • Omnicare (OCR) upgraded to Buy from Neutral at UBS
  • Polycom (PLCM) upgraded to Buy from Neutral at Citigroup
  • Prudential (PRU) upgraded to Buy from Neutral at BofA/Merrill
  • Quality Systems (QSII) upgraded to Market Perform from Underperform at FBR Capital
  • Safeway (SWY) upgraded to Neutral from Sell at UBS
  • SandRidge Energy (SD) upgraded to Overweight at Stephens citing turnaround progress
  • Sirius XM (SIRI) upgraded to Outperform from Neutral at Macquarie
  • Skullcandy (SKUL) upgraded to Outperform from Market Perform at Northland Securities
  • Teva (TEVA) upgraded to Overweight from Equal Weight at Barclays
  • The Buckle (BKE) upgraded to Neutral from Sell at Janney Capital
  • The Fresh Market (TFM) upgraded to Buy from Neutral at UBS
  • Union Pacific (UNP) upgraded to Outperform from Market Perform at Avondale
  • United Community Banks (UCBI) upgraded to Buy from Hold at Sandler O’Neill

Downgrades Today

  • Alpha Natural (ANR) downgraded to Sell from Neutral at Goldman Sachs
  • American Capital Mortgage (MTGE) downgraded to Hold from Buy at Deutsche Bank
  • CYS Investments (CYS) downgraded to Hold from Buy at Deutsche Bank
  • General Communications (GNCMA) downgraded at Raymond James
  • Houghton Mifflin (HMHC) downgraded to Hold from Buy at Stifel
  • Humana (HUM) downgraded to Hold from Buy at Jefferies
  • Kindred Biosciences (KIN) downgraded to Neutral from Buy at Roth Capital
  • Matador (MTDR) downgraded to Hold from Accumulate at KLR Group
  • New York Mortgage (NYMT) downgraded to Hold from Buy at Deutsche Bank
  • Numerex (NMRX) downgraded to Hold from Buy at Canaccord Genuity
  • Oasis Petroleum (OAS) downgraded to Accumulate from Buy at KLR Group
  • Pinnacle Financial (PNFP) downgraded to Hold from Buy at Wunderlich
  • Safeway (SWY) downgraded to Hold from Buy at BB&T Capital Markets
  • Safeway (SWY) downgraded to Hold from Buy at Gabelli & Co
  • Staples (SPLS) downgraded to Hold from Buy at Argus
  • Star Bulk Carriers (SBLK) downgraded to Equal Weight from Overweight at Morgan Stanley
  • TCP Capital (TCPC) downgraded to Hold from Buy at Deutsche Bank
  • Violin Memory (VMEM) downgraded to Underperform from Buy at BofA/Merrill

Initiations Today

  • Applied Micro Circuits (AMCC) initiated with a Buy at Roth Capital
  • Bridge Capital Holdings (BBNK) initiated with a Buy at DA Davidson
  • C&J Energy (CJES) initiated with a Strong Buy at ISI Group
  • Conatus Pharmaceuticals (CNAT) initiated with a Buy at Roth Capital
  • E2open (EOPN) initiated with a Buy at B. Riley
  • JA Solar (JASO) initiated with a Buy at Sidoti
  • Jazz Pharmaceuticals (JAZZ) reinstated with an Overweight at Barclays
  • Ladder Capital (LADR) initiated with a Buy at Deutsche Bank
  • MGM Resorts (MGM) initiated with a Buy at Ascendiant Capital
  • Magna (MGA) initiated with a Buy at TD Securities
  • New Media (NEWM) initiated with a Buy at Compass Point
  • RPC, Inc. (RES) initiated with a Buy at ISI Group
  • Regency Energy Partners (RGP) initiated with a Hold at Deutsche Bank
  • Rouse Properties (RSE) initiated with a Neutral at BofA/Merrill
  • Salesforce.com (CRM) initiated with a Neutral at B. Riley
  • ServiceNow (NOW) initiated with a Neutral at B. Riley
  • Stratasys (SSYS) initiated with a Buy at Laidlaw
  • Tallgrass Energy (TEP) initiated with an Outperform at Wells Fargo
  • Thomson Reuters (TRI) initiated with a Hold at Deutsche Bank

Pre Market March 7 2014 – Economic Calendar, Earnings Today & ES Pivots

Economic Calendar

  • 08:30 am EST – Employment Situation
  • 08:30 am EST – International Trade

Earnings Today

  • BIG, FL,HTZ

Market Profile and ES Pivot Points

Value Area High 1880.00
Point of Control 1879.50
Value Area Low 1876.50
R3 1887.50
R2 1884.25
R1 1880.25
Pivot 1877.00
S1 1873.00
S2 1869.75
S3 1865.75

Pre Market March 6 2014 – Upgrades / Downgrades / Initiations

Upgrades Today

  • Allegiant Travel (ALGT) upgraded to Outperform from Market Perform at Raymond James
  • Anadarko (APC) upgraded to Buy from Hold at Argus
  • Axiall (AXLL) upgraded to Buy from Neutral at Goldman Sachs
  • Biogen (BIIB) upgraded to Outperform from Market Perform at BMO Capital
  • Bob Evans (BOBE) upgraded to Buy from Hold at Miller Tabak
  • Cabot Oil & Gas (COG) upgraded to Buy from Neutral at UBS
  • Consolidated Edison (ED) upgraded to Buy from Hold at Argus
  • H&E Equipment (HEES) upgraded to Buy from Neutral at UBS
  • Hawaiian Holdings (HA) upgraded to Buy from Hold at Deutsche Bank
  • Inphi (IPHI) upgraded to Buy from Hold at Jefferies
  • Kirkland’s (KIRK) upgraded to Buy from Hold at KeyBanc Capital Markets
  • Materion (MTRN) upgraded to Buy from Hold at KeyBanc Capital Markets
  • Navios Maritime (NM) upgraded to Buy from Hold at Stifel
  • Northern Tier (NTI) upgraded to Overweight from Equal Weight at Barclays
  • NuStar Energy (NS) upgraded to Overweight from Neutral at JPMorgan
  • Star Bulk Carriers (SBLK) upgraded to Buy from Hold at Stifel
  • Teva (TEVA) upgraded to Outperform from Market Perform at Leerink
  • Tiffany (TIF) upgraded to Buy from Neutral at Citigroup
  • Yum! Brands (YUM) upgraded to Outperform from Neutral at Robert W. Baird

Downgrades Today

  • Auxilium (AUXL) downgraded to Underweight from Equal Weight at Morgan Stanley
  • Bed Bath & Beyond (BBBY) downgraded to Neutral from Outperform at Wedbush
  • Bonanza Creek (BCEI) downgraded to Sector Perform from Outperform at Howard Weil
  • Brixmor (BRX) downgraded to Neutral from Buy at UBS
  • Continental Resources (CLR) downgraded to Neutral from Buy at UBS
  • Copa Holdings (CPA) downgraded to Neutral from Buy at Citigroup
  • Emeritus (ESC) downgraded to Hold from Buy at Deutsche Bank
  • Exelon (EXC) downgraded to Hold from Accumulate at Tudor Pickering
  • Hilltop Holdings (HTH) downgraded to Outperform from Strong Buy at Raymond James
  • Lowe’s (LOW) downgraded to Neutral from Outperform at Wedbush
  • Lumber Liquidators (LL) downgraded to Neutral from Outperform at Wedbush
  • MarkWest Energy (MWE) downgraded to Neutral from Overweight at JPMorgan
  • New York Mortgage (NYMT) downgraded to Hold from Buy at MLV & Co
  • New York Mortgage (NYMT) downgraded to Neutral from Buy at Ladenburg Thalmann
  • OCI Resources (OCIR) downgraded to Neutral from Buy at Goldman Sachs
  • Redwood Trust (RWT) downgraded to Hold from Buy at Jefferies
  • Southcross Energy Partners (SXE) downgraded to Neutral from Overweight at JPMorgan
  • Spark Networks (LOV) downgraded to Hold from Buy at Canaccord Genuity
  • Spark Networks (LOV) downgraded to Market Perform from Outperform at William Blair

Initiations Today

  • Alcobra (ADHD) initiated with an Outperform at JMP Securities
  • Alon USA Partners (ALDW) initiated with an Underweight at Barclays
  • Amedica (AMDA) initiated with an Outperform at JMP Securities
  • Ascena Retail (ASNA) initiated with a Positive at Susquehanna
  • Durata Therapeutics (DRTX) initiated with a Buy at Roth Capital
  • La Jolla Pharmaceutical (LJPC) initiated with a Buy at Chardan
  • Microsoft (MSFT) initiated with a Neutral at B. Riley
  • Nordson (NDSN) initiated with a Neutral at Robert W. Baird
  • Oracle (ORCL) initiated with a Buy at B. Riley
  • Planar Systems (PLNR) initiated with a Neutral at B. Riley
  • Quantum (QTM) reinstated with a Market Perform at Northland Securities
  • Tractor Supply (TSCO) coverage assumed with an Outperform at Wedbush

Pre Market March 6 2014 – Economic Calendar, Earnings Today & ES Pivots

Economic Calendar

  • 08:30 am EST – Jobless Claims
  • 08:30 am EST – Productivity and Costs
  • 10:00 am EST – Factory Orders

Earnings Today

  • CNQ, COST, FNSR, HRB, JOY, KFY, KR, PLCE, CIEN, TFM, QIHU, VNET, NQ, AMBA, SCTY, CST

Market Profile and ES Pivot Points

Value Area High 1873.50
Point of Control 1871.50
Value Area Low 1871.00
R3 1881.83
R2 1878.67
R1 1875.58
Pivot 1872.42
S1 1869.33
S2 1866.17
S3 1863.08

Pre Market March 5 2014 – Upgrades / Downgrades / Initiations

Upgrades Today

  • 21st Century Fox (FOXA) upgraded to Outperform from Market Perform at BMO Capital
  • CIRCOR (CIR) upgraded to Buy from Hold at KeyBanc Capital Markets
  • Capital City Bank (CCBG) upgraded to Outperform from Market Perform at Keefe Bruyette
  • DST Systems (DST) upgraded to Overweight from Equal Weight at Evercore
  • Ericsson (ERIC) upgraded to Outperform from Sector Perform at RBC Capital Markets
  • Farmers & Merchants (FMAO) upgraded to Outperform from Neutral at Boenning
  • LM Ericsson (ERIC) upgraded to Outperform from Sector Perform at RBC Capital Markets
  • Lazard (LAZ) upgraded to Positive from Neutral at Susquehanna
  • Pandora (P) upgraded to Neutral from Sell at MKM Partners
  • Randgold Resources (GOLD) upgraded to Buy from Neutral at Nomura
  • Smith & Wesson (SWHC) upgraded to Outperform from Market Perform at Cowen
  • Towers Watson (TW) upgraded to Conviction Buy from Buy at Goldman Sachs
  • Trimble Navigation (TRMB) upgraded to Overweight from Neutral at JPMorgan
  • Valley National (VLY) upgraded to Market Perform from Underperform at Keefe Bruyette

Downgrades Today

  • BJ’s Restaurants (BJRI) downgraded to Neutral from Overweight at Piper Jaffray
  • Crosstex Energy LP (XTEX) downgraded to Hold from Buy at Wunderlich
  • Dillard’s (DDS) downgraded to Neutral from Outperform at Credit Suisse
  • Eastern Virginia Bankshares (EVBS) downgraded to Market Perform at Keefe Bruyette
  • Essex Property Trust (ESS) downgraded to Hold from Buy at Stifel
  • Global Partners (GLP) downgraded to Sector Perform from Outperform at RBC Capital Markets
  • Lamar Advertising (LAMR) downgraded to Neutral from Conviction Buy at Goldman Sachs
  • NGL Energy Partners (NGL) downgraded to Neutral from Outperform at Robert W. Baird
  • New Source Energy (NSLP) downgraded to Neutral from Outperform at Robert W. Baird
  • New Source Energy (NSLP) downgraded to Perform from Outperform at Oppenheimer
  • Pennsylvania REIT (PEI) downgraded to Hold from Buy at Stifel
  • Plains GP Holdings (PAGP) downgraded to Neutral from Outperform at Robert W. Baird
  • Rockwood (ROC) downgraded to Neutral from Outperform at Macquarie
  • Silver Bay Realty (SBY) downgraded to Market Perform at Keefe Bruyette
  • South Jersey Industries (SJI) downgraded to Hold from Buy at Brean Capital
  • Springleaf (LEAF) downgraded to Underperform from Neutral at BofA/Merrill
  • Staples (SPLS) downgraded to Neutral from Buy at B. Riley
  • Summit Midstream (SMLP) downgraded to Neutral from Outperform at Robert W. Baird
  • Tallgrass Energy (TEP) downgraded to Neutral from Outperform at Robert W. Baird
  • Tallgrass Energy Partners (TEP) downgraded to Neutral from Outperform at Robert W. Baird
  • TiVo (TIVO) downgraded to Neutral from Overweight at JPMorgan
  • Unit Corp. (UNT) downgraded to Hold from Buy at Brean Capital
  • Whiting USA Trust (WHZ) downgraded to Underperform from Neutral at Robert W. Baird
  • XOMA (XOMA) downgraded to Neutral from Outperform at Credit Suisse

Initiations Today

  • Allscripts (MDRX) initiated with an Equal Weight at Barclays
  • American Homes 4 Rent (AMH) initiated with an Outperform at Keefe Bruyette
  • AmerisourceBergen (ABC) initiated with an Overweight at Barclays
  • Arrowhead Research (ARWR) initiated with a Buy at Deutsche Bank
  • Arrowhead Research (ARWR) initiated with an Outperform at RBC Capital Markets
  • athenahealth (ATHN) initiated with an Equal Weight at Barclays
  • Cardinal Health (CAH) initiated with an Overweight at Barclays
  • Catamaran (CTRX) initiated with an Equal Weight at Barclays
  • Cerner (CERN) initiated with an Overweight at Barclays
  • Colfax (CFX) reinstated with a Buy at BofA/Merrill
  • Egalet (EGLT) initiated with a Buy at Canaccord Genuity
  • Energen (EGN) initiated with a Buy at Maxim Group
  • Evoke Pharma (EVOK) initiated with a Buy at Ascendiant
  • Express Scripts (ESRX) initiated with an Overweight at Barclays
  • Forbes Energy (FES) initiated with an In-Line at Imperial Capital
  • Foundation Medicine (FMI) initiated with an Outperform at Wedbush
  • General Dynamics (GD) initiated with an Equal Weight at Morgan Stanley
  • Genocea (GNCA) initiated with a Buy at Needham
  • Huntington Ingalls (HII) initiated with an Equal Weight at Morgan Stanley
  • Itron (ITRI) coverage resumed with an Equal Weight at Stephens
  • Lockheed Martin (LMT) initiated with an Overweight at Morgan Stanley
  • MedAssets (MDAS) initiated with an Equal Weight at Barclays
  • Nimble Storage (NMBL) initiated with a Neutral at UBS
  • Northrop Grumman (NOC) initiated with an Equal Weight at Morgan Stanley
  • Paragon Shipping (PRGN) initiated with a Buy at Maxim Group
  • Raytheon (RTN) initiated with an Overweight at Morgan Stanley
  • Santander Consumer USA (SC) initiated with an Overweight at Stephens
  • The Advisory Board (ABCO) initiated with an Overweight at Barclays
  • Xoom (XOOM) initiated with an Underweight at Evercore

Pre Market March 5 2014 – Economic Calendar, Earnings Today & ES Pivots

Economic Calendar

  • 08:15 am EST – ADP Employment Report
  • 10:00 am EST – ISM Non-Mfg Index
  • 10:30 am EST – EIA Petroleum Status Report
  • 02:00 pm EST – Beige Book

Earnings Today

  • BITA, CSIQ, EVHC, PETM, SMTC, THRM, WX

Market Profile and ES Pivot Points

Value Area High 1872.25
Point of Control 1868.75
Value Area Low 1866.75
R3 1889.25
R2 1882.00
R1 1876.75
Pivot 1869.50
S1 1864.25
S2 1857.00
S3 1851.75

Pre Market March 4 2014 – Upgrades / Downgrades / Initiations

Upgrades Today

  • Abercrombie & Fitch (ANF) upgraded to Outperform from Neutral at Credit Suisse
  • CME Group (CME) upgraded to Buy from Hold at Argus
  • GrafTech (GTI) upgraded to Buy from Hold at Jefferies
  • Hilton (HLT) upgraded to Buy from Neutral at Goldman Sachs
  • Magna (MGA) upgraded to Neutral from Sell at Goldman Sachs
  • PulteGroup (PHM) upgraded to Buy from Hold at KeyBanc Capital Markets
  • SunEdison (SUNE) upgraded to Overweight from Equal Weight at Morgan Stanley
  • WNS Holdings (WNS) upgraded to Outperform from Neutral at Robert W. Baird

Downgrades Today

  • Ambac Financial (AMBC) downgraded to Neutral from Buy at BTIG
  • AngloGold (AU) downgraded to Sell from Neutral at UBS
  • Cliffs Natural (CLF) downgraded to Underperform from Market Perform at Wells Fargo
  • Dendreon (DNDN) downgraded to Market Perform from Outperform at Bernstein
  • Fresenius Medical (FMS) downgraded to Underweight from Neutral at HSBC
  • Intuitive Surgical (ISRG) downgraded to Hold from Buy at Cantor
  • Lennar (LEN) downgraded to Hold from Buy at KeyBanc Capital Markets
  • Madison Square Garden (MSG) downgraded to Hold from Buy at Needham
  • McDermott (MDR) downgraded to Underweight from Equalweight at Capital One
  • MedAssets (MDAS) downgraded to Equal Weight from Overweight at First Analysis
  • Royal Caribbean (RCL) downgraded to Neutral from Buy at Longbow
  • Solazyme (SZYM) downgraded to Neutral from Buy at Goldman Sachs
  • Starwood Hotels (HOT) downgraded to Neutral from Buy at Goldman Sachs
  • Time Warner Cable (TWC) downgraded to Neutral from Outperform at Macquarie
  • USG (USG) downgraded to Neutral from Overweight at JPMorgan
  • Watts Water (WTS) downgraded to Market Perform from Outperform at Cowen
  • WebMD (WBMD) downgraded to Hold from Buy at Stifel

Initiations Today

  • Advance Auto Parts (AAP) initiated with an Equal Weight at Stephens
  • Argos Therapeutics (ARGS) initiated with a Buy at Needham
  • Argos Therapeutics (ARGS) initiated with a Buy at Stifel
  • Argos Therapeutics (ARGS) initiated with an Overweight at Piper Jaffray
  • Avon Products (AVP) initiated with a Sell at UBS
  • Church & Dwight (CHD) initiated with a Buy at UBS
  • Clorox (CLX) initiated with a Sell at UBS
  • Coca-Cola (KO) initiated with a Neutral at UBS
  • Coca-Cola Enterprises (CCE) initiated with a Neutral at UBS
  • Colgate-Palmolive (CL) initiated with a Buy at UBS
  • DSP Group (DSPG) initiated with a Buy at Dougherty
  • Dr Pepper Snapple (DPS) initiated with a Neutral at UBS
  • DreamWorks Animation (DWA) initiated with a Hold at Topeka
  • Energizer (ENR) initiated with a Sell at UBS
  • Estee Lauder (EL) initiated with a Buy at UBS
  • Fortinet (FTNT) coverage assumed with an Outperform at Wedbush
  • GT Advanced (GTAT) initiated with a Buy at Goldman Sachs
  • Infinity Pharmaceuticals (INFI) initiated with an Underperform at Wedbush
  • Ladder Capital (LADR) initiated with an Outperform at Keefe Bruyette
  • Monster Beverage (MNST) initiated with a Buy at UBS
  • Procter & Gamble (PG) initiated with a Neutral at UBS
  • Santander Consumer USA (SC) initiated with a Sector Perform at RBC Capital Markets
  • Santander Consumer USA (SC) initiated with an Outperform at Wells Fargo
  • Tenneco (TEN) initiated with a Buy at UBS
  • TiVo (TIVO) initiated with a Buy at Topeka

Pre Market March 3 2014 – Economic Calendar, Earnings Today & ES Pivots

Economic Calendar

  • Motor Vehicle Sales
  • 08:30 am EST – Personal Income and Outlays
  • 08:58 am EST – PMI Manufacturing Index
  • 10:00 am EST – ISM Mfg Index
  • 10:00 am EST – Construction Spending

Earnings Today

  • AKRX, AMBC, BIG, CLDX, CLI, KFY, MEI, MGA, MR, NAV, NLNK, NUS, RBA, ROC, SSYS, URS, VIPS, WPC

Market Profile and ES Pivot Points

Value Area High 1864.25
Point of Control 1857.75
Value Area Low 1854.25
R3 1888.83
R2 1877.67
R1 1867.58
Pivot 1856.42
S1 1846.33
S2 1835.17
S3 1825.08

Pre Market February 28 2014 – Upgrades / Downgrades / Initiations

Upgrades Today

  • AG Mortgage Investment Trust (MITT) upgraded to Buy from Hold at Wunderlich
  • Aegion (AEGN) upgraded to Neutral from Underperform at Wedbush
  • American States Water (AWR) upgraded to Buy from Hold at Brean Capital
  • CTPartners (CTP) upgraded to Outperform from Market Perform at William Blair
  • Carrols Restaurant (TAST) upgraded to Strong Buy from Outperform at Raymond James
  • Crane (CR) upgraded to Buy from Neutral at Citigroup
  • Credit Suisse (CS) upgraded to Overweight from Equal Weight at Barclays
  • Deckers Outdoor (DECK) upgraded to Positive from Neutral at Susquehanna
  • Dynegy (DYN) upgraded to Neutral from Cautious at ISI Group
  • Eaton Vance (EV) upgraded to Buy from Neutral at Sterne Agee
  • Frontline (FRO) upgraded to Hold from Sell at Deutsche Bank
  • Gap (GPS) upgraded to Neutral from Underweight at Atlantic Equities
  • MercadoLibre (MELI) upgraded to Buy from Sell at Stifel
  • Nordson (NDSN) upgraded to Buy from Hold at BB&T Capital Markets
  • Principal Financial (PFG) upgraded to Outperform from Market Perform at Keefe Bruyette
  • RadiSys (RSYS) upgraded to Buy from Hold at Needham
  • SABMiller plc (SBMRY) upgraded to Sector Perform from Underperform at RBC Capital Markets
  • Taseko Mines (TGB) upgraded to Buy from Neutral at BofA/Merrill
  • TripAdvisor (TRIP) upgraded to Neutral from Negative at Susquehanna
  • WesBanco (WSBC) upgraded to Outperform from Market Perform at Keefe Bruyette
  • Westlake Chemical (WLK) upgraded to Overweight from Neutral at JPMorgan
  • Whiting Petroleum (WLL) upgraded to Buy from Accumulate at KLR Group

Downgrades Today

  • Abaxis (ABAX) downgraded to Underperform from Neutral at BofA/Merrill
  • American States Water (AWR) downgraded to Neutral from Buy at Janney Capital
  • Catamaran (CTRX) downgraded to Neutral from Buy at ISI Group
  • Diageo (DEO) downgraded to Underperform from Sector Perform at RBC Capital
  • Dominion (D) downgraded to Hold from Buy at Argus
  • Eagle Rock Energy (EROC) downgraded to Market Perform from Outperform at Wells Fargo
  • Endologix (ELGX) downgraded to Perform from Outperform at Oppenheimer
  • Equity One (EQY) downgraded to Market Perform from Outperform at Raymond James
  • Hanesbrands (HBI) downgraded to Hold from Buy at Stifel
  • InterMune (ITMN) downgraded to Neutral from Outperform at Credit Suisse
  • Isle of Capri (ISLE) downgraded to Hold from Buy at Deutsche Bank
  • KBR (KBR) downgraded to Hold from Buy at BB&T Capital Markets
  • MarkWest Energy (MWE) downgraded to Market Perform from Outperform at Wells Fargo
  • MarkWest Energy (MWE) downgraded to Sector Perform from Outperform at RBC Capital Markets
  • Medivation (MDVN) downgraded to Hold from Buy at Jefferies
  • Mylan (MYL) downgraded to Hold from Buy at Needham
  • NII Holdings (NIHD) downgraded to Market Perform from Outperform at Raymond James
  • Newcastle Investment (NCT) downgraded to Neutral from Buy at Compass Point
  • Pan American Silver (PAAS) downgraded to Hold from Buy at Deutsche Bank
  • Pier 1 Imports (PIR) downgraded to Neutral from Outperform at Credit Suisse
  • State Street (STT) downgraded to Sector Perform from Outperform at RBC Capital Markets
  • Swift Energy (SFY) downgraded to Neutral from Buy at Global Hunter Securities
  • The Fresh Market (TFM) downgraded to Outperform from Strong Buy at Raymond James
  • Tupperware Brands (TUP) downgraded to Hold from Buy at Argus
  • Vanguard Natural (VNR) downgraded to Market Perform from Outperform at Wells Fargo
  • Vanguard Natural (VNR) downgraded to Sector Perform from Outperform at RBC Capital Markets
  • Westar Energy (WR) downgraded to Equal Weight from Overweight at Barclays
  • YuMe (YUME) downgraded to Neutral from Buy at Citigroup
  • Zale (ZLC) downgraded to Neutral from Buy at Citigroup

Initiations Today

  • BioCryst (BCRX) initiated with a Perform at Oppenheimer
  • Dyax (DYAX) initiated with an Outperform at Oppenheimer
  • EP Energy (EPE) initiated with an Equal Weight at Morgan Stanley
  • Magellan Health (MGLN) initiated with a Market Perform at Leerink
  • Navigant Consulting (NCI) initiated with a Buy at UBS
  • Signature Bank (SBNY) coverage resumed with a Buy at Goldman
  • Virtus Investment Partners (VRTS) initiated with a Neutral at BofA/Merrill