Analyst calls: RIM upgraded

Nokia is downgraded to 'sell,' and Lululemonis initiated with an 'outperform.'

By MSN Money Partner May 30, 2012 11:07AM
Information provided by Theflyonthewall.com

Wednesday's noteworthy upgrades include:  
  • Aixtron (AIXG) upgraded to Outperform from Underperform at Exane BNP Paribas
  • Angie's List (ANGI) upgraded to Buy from Neutral at BofA/Merrill
  • LinkedIn (LNKD) upgraded to Buy from Neutral at Citigroup
  • Research in Motion (RIMM) upgraded to Market Perform at JMP Securities
  • Sanderson Farms (SAFM) upgraded to Buy from Hold at KeyBanc
  • Sunoco Logistics (SXL) upgraded to Neutral from Underperform at BofA/Merrill
  • Veeco (VECO) upgraded to Outperform from Neutral at Exane BNP Paribas
  • Wynn Resorts (WYNN) upgraded to Buy from Neutral at Goldman
Wednesday's noteworthy downgrades include:  
  • Frontline (FRO) downgraded to Sell from Hold at Deutsche Bank
  • Lecroy (LCRY) downgraded to Hold from Buy at Stifel Nicolaus
  • Pilgrim's Pride (PPC) downgraded to Hold from Buy at BB&T
  • Nokia (NOK) downgraded to Sell from Neutral at MKM Partners
Wednesday's noteworthy initiations include:  
  • Delta Air Lines (DAL) initiated with an Outperform at Imperial Capital
  • US Airways (LCC) initiated with an Outperform at Imperial Capital
  • United Continental (UAL) initiated with an Outperform at Imperial Capital
  • HMS Holdings (HMSY) initiated with an Outperform at Wells Fargo
  • athenahealth (ATHN) initiated with an Outperform at Wells Fargo
  • Allscripts (MDRX) initiated with a Market Perform at Wells Fargo
  • Lululemon (LULU) initiated with an Outperform at Wedbush
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