Analyst calls: Zynga downgraded

Steven Madden upgraded to 'outperform,' and Caterpillar downgraded to 'market perform.'

By Jonathan Berr Jul 26, 2012 11:05AM
Information provided by Theflyonthewall.com.

Friday's noteworthy upgrades include:
Steven Madden (SHOO) upgraded to Outperform from Neutral at Wedbush
Level 3 (LVLT) upgraded to Buy from Hold at Gabelli.
Syngenta  (SYT) upgraded to Buy from Neutral at Miller Tabek
Canadian Pacific (CP) upgraded to Outperform from Sector Perform at Scotia Capital
Tractor Supply (TSCO) upgraded to Strong Buy from Buy at Felti

Friday's noteworthy downgrades include:
 Zynga (ZYNGA) downgraded to Equal Weight from Overweight at Morgan Stanley
Radio Shack  (RSH) downgraded to Underperform from Neutral at Wedbush
Altria Group (MO) downgraded to Neutral from Buy at UBS
Caterpillar (CAT) downgraded to Market Perform from Outperform at Wells Fargo

Friday's noteworthy initiations include:
Urban Outfitters (URBN) initiated with a buy at CSLA
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