Analyst calls: Big Lots upgraded to 'overweight'

Prudential is upgraded to 'overweight,' and Staples is downgraded to 'sell.'

By MSN Money Partner May 10, 2012 11:16AM
Information provided by Theflyonthewall.com

Thursday's noteworthy upgrades include:  
  • Big Lots (BIG) upgraded to Overweight from Equal Weight at Barclays
  • East West Bancorp (EWBC) upgraded to Outperform from Sector Perform at RBC Capital
  • Post Properties (PPS) upgraded to Buy from Hold at Wunderlich
  • Prudential (PRU) upgraded to Overweight from Equal Weight at Evercore, and to Overweight from Equal Weight at Morgan Stanley
  • Tempur-Pedic (TPX) upgraded to Strong Buy from Market Perform at Raymond James
  • Vulcan Materials (VMC) upgraded to Outperform from Sector Perform at RBC Capital
  • Costco (COST) upgraded to Buy from Hold at ISI Group
Thursday's noteworthy downgrades include:  
  • Dolby (DLB) downgraded to Neutral from Overweight at JPMorgan
  • Human Genome (HGSI) downgraded to Market Perform from Outperform at Leerink
  • Martin Marietta (MLM) downgraded to Sector Perform from Outperform at RBC Capital
  • Staples (SPLS) downgraded to Sell from Hold at ISI Group
Thursday's noteworthy initiations include:  
  • Smith & Wesson (SWHC) initiated with a Buy at Benchmark Co
  • Cree (CREE) initiated with a Buy at Stifel Nicolaus
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