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If you are serious about staying on top of your portfolios, you will need to keep abreast of what The Street is saying about your stocks. While not all analyst upgrades or downgrades will move a company's stock in a big way, you can rest assured that there are those that will most definitely get traders' attention.
So, be sure to start your day with a quick perusal of the upgrades and downgrades from Wall Street's finest. Below is a summary of today's rating changes:
Wall Street Research Summary
Upgrades:
- Leap Wireless (LEAP) - Bernstein
- Ivanhoe Mines (IVN) - BMO Capital
- Smithfield Foods (SFD) - BMO Capital
- Auxilium Pharmaceuticals (AUXL) - Citi
- Apple (AAPL) - Estimates increased at Jefferies
- Meadwestvaco (MWV) - JPMorgan
- Neogen (NEOG) - Stephens
- Jabil Circuit (JBL) - Estimates and target increased at UBS
- Masco (MAS) - UBS
Downgrades:
- Teekay Tankers (TNK) - BofA/Merrill
- Sunoco (SUN) - Target cut at Barclays
- MetroPCS Communications (PCS) - Target cut at Bernstein
- Ralph Lauren (RL) - Citi
- Colgate-Palmolive (CL) - Citi
- Kimberly-Clark (KMB) - Citi
- Mead Johnson Nutrition (MJN) - Citi
- New York Community Bancorp (NYB) - Susquehanna
Long positions in stocks mentioned: AAPL, MJN
Source: StreetInsider.com
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