Analyst calls: Expedia downgraded

Grainger is upgraded to 'buy,' while Brinker is downgraded to 'outperform.'

By MSN Money Partner Jun 19, 2012 11:20AM
Information provided by Theflyonthewall.com

Tuesday's noteworthy upgrades include:  
  • Grainger (GWW) upgraded to Buy from Hold at BB&T
  • Healthcare Services (HCSG) upgraded to Buy from Hold at Stifel Nicolaus
  • Kennametal (KMT) upgraded to Neutral from Underperform at BofA/Merrill
  • United Microelectronic (UMC) upgraded to Overweight from Neutral at JPMorgan
  • Smithfield Foods (SFD) upgraded to Buy from Neutral at Cleveland Research
Tuesday's noteworthy downgrades include:  
  • AK Steel (AKS) downgraded to Neutral from Buy at UBS
  • Body Central (BODY) downgraded to Neutral from Outperform at RW Baird and to Perform from Outperform at Oppenheimer
  • Brinker (EAT) downgraded to Outperform from Strong Buy at Raymond James
  • Elster (ELT) downgraded to Hold from Buy at Canaccord and to Hold from Buy at KeyBanc
  • Expedia (EXPE) downgraded to Neutral from Overweight at Piper Jaffray
  • Monster Beverage (MNST) downgraded to Underperform from Outperform at CLSA
Tuesday's noteworthy initiations include:  
  • Intrepid Potash (IPI) initiated with an Underperform at RBC Capital
  • TripAdvisor (TRIP) initiated with a Neutral at Citigroup
  • Motorola Solutions (MSI) initiated with a Buy at Northcoast
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