Analyst calls: Nokia downgraded to 'sell' twice

AK Steel is upgraded to 'buy,' and Dendreon is initiated with a 'buy.'

By MSN Money Partner Sep 6, 2012 11:59AM

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Thursday's noteworthy upgrades include:  

  • AK Steel (AKS) upgraded to Buy from Neutral at Longbow
  • Activision Blizzard (ATVI) upgraded to Overweight from Neutral at Piper Jaffray
  • Randgold Resources (GOLD) upgraded to Overweight from Neutral at JPMorgan
  • Stanley Black (SWK) upgraded to Overweight from Equal Weight at Morgan Stanley
  • SunTrust (STI) upgraded to Overweight from Neutral at JPMorgan

Thursday's noteworthy downgrades include:  

  • ASML (ASML) downgraded to Hold from Buy at Societe Generale
  • Barclays (BCS) downgraded to Neutral from Outperform at Credit Suisse
  • Cliffs Natural (CLF) downgraded to Neutral from Buy at Longbow, and to Neutral from Buy at UBS
  • Concur (CNQR) downgraded to Perform from Outperform at Oppenheimer
  • Nokia (NOK) downgraded to Sell from Hold at Deutsche Bank, and at Societe Generale
  • Warner Chilcott (WCRX) downgraded to Hold from Buy at Cantor

Thursday's noteworthy initiations include:  

  • Arena Pharmaceuticals (ARNA) initiated with an Underperform at Credit Suisse
  • Dendreon (DNDN) initiated with a Buy at WallachBeth
  • Isis Pharmaceuticals (ISIS) initiated with a Market Perform at JMP Securities

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