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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:
- Family Dollar (FDO) - Barclays
- Procter & Gamble (PG) - BMO
- Vulcan Materials (VMC) - Goldman
- Caterpillar (CAT) - Goldman
- Cummins (CMI) - Jefferies
- Eaton (ETN) - Jefferies
- Joy Global (JOYG) - Jefferies
- Parker-Hannifin (PH) - Jefferies
- Timken (TKR) - Jefferies
- PPG Industries (PPG) - Susquehanna
Downgrades:
- Dollar Tree (DLTR) - Barclays
- Veeco Instruments (VECO) - Canaccord Genuity
- Interpublic (IPG) - Deutsche Bank
- Alcoa (AA) - First Global
- Navistar (NAV) - Goldman
- Cree (CREE) - Esimtates cut at Morgan Stanley
- El Paso Pipeline Partners (EPB) - Oppenheimer
- Manitowoc (MTW) - Estimates and target cut at RBC
- Kenneth Cole (KCP) - Sterne, Agee
- Wolverine World Wide (WWW) - Sterne, Agee
- Columbia Sportswear (COLM) - Sterne, Agee
- Dick's Sporting Goods (DKS) - Sterne, Agee
- Coca-Cola (KO) - Estimates cut at UBS
Long positions in stocks mentioned: none
Source: StreetInsider.com
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