Analyst calls: ArcelorMittal downgraded

Turkcell is upgraded to 'overweight,' and Solazyme is downgraded to 'market perform.'

By MSN Money Partner Jul 5, 2012 11:23AM
Information provided by Theflyonthewall.com

Thursday's noteworthy upgrades include:  
  • Blackstone (BX) upgraded to Outperform from Market Perform at BMO Capital
  • City National (CYN) upgraded to Buy from Neutral at SunTrust
  • Turkcell (TKC) upgraded to Overweight from Neutral at JPMorgan
  • Global Payments (GPN) upgraded to Buy from Neutral at Northcoast
Thursday's noteworthy downgrades include:  
  • AMD (AMD) downgraded to Neutral from Buy at Sterne Agee
  • AngloGold (AU) downgraded to Neutral from Buy at UBS
  • Veolia Environment (VE) downgraded to Sell from Neutral at UBS
  • ArcelorMittal (MT) downgraded to Neutral from Overweight at HSBC
  • Brookfield (BAM) downgraded to Neutral from Outperform at Credit Suisse
  • Solazyme (SZYM) downgraded to Market Perform from Outperform at Raymond James
Thursday's noteworthy initiations include:  
  • Seattle Genetics (SGEN) initiated with a Buy at ThinkEquity
  • Hillshire Brands (HSH) initiated with a Hold at KeyBanc
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