Analyst calls: Onyx Pharmaceuticals upgraded

Under Armour is downgraded to 'neutral,' and ASML is initiated with an 'outperform.'

By MSN Money Partner Jun 21, 2012 10:49AM
Information provided by Theflyonthewall.com

Thursday's noteworthy upgrades include:  
  • EQT Corporation (EQT) upgraded to Buy from Hold at Deutsche Bank
  • Onyx Pharmaceuticals (ONXX) upgraded to Buy from Hold at Brean Murray, and to Outperform from Neutral at RW Baird
  • TJX (TJX) upgraded to Outperform from Market Perform at Wells Fargo
  • Vulcan Materials (VMC) upgraded to Positive from Neutral at Susquehanna
Thursday's noteworthy downgrades include:  
  • CenterPoint Energy (CNP) downgraded to Neutral from Outperform at Credit Suisse
  • Chimera Investment (CIM) downgraded to Neutral from Outperform at Credit Suisse, and to Underperform from Neutral at BofA/Merrill
  • HEICO (HEI) downgraded to Neutral from Outperform at Credit Suisse
  • Under Armour (UA) downgraded to Neutral from Buy at UBS
  • Wright Express (WXS) downgraded to Sell from Neutral at Citigroup
Thursday's noteworthy initiations include:  
  • ASML (ASML) initiated with an Outperform at Bernstein
  • Automatic Data Processing (ADP) initiated with a Positive at Susquehanna
  • Onyx Pharmaceuticals (ONXX) initiated with a Buy at Deutsche Bank
  • Quest Diagnostics (DGX) initiated with a Hold at Canaccord
  • Southwest (LUV) initiated with an In-Line at Imperial Capital
  • Whole Foods (WFM) initiated with a Buy at SunTrust
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