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Equity Briefing: Upgrades and Downgrades for July 16th: ACI, AIXG, AMSF, ANR, APC, AWC, BAS, BASFY, BID, BPL
A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:
BMO Capital Markets downgraded shares of Arch Coal, Inc. (NYSE: ACI) from a market perform rating to an underperform rating.
ThinkEquity downgraded shares of Aixtron AG (NASDAQ: AIXG) from a buy rating to a hold rating.
Keefe, Bruyette & Woods initiated coverage on shares of Amerisafe Inc (NASDAQ: AMSF). They issued a market perform rating on the stock.
BMO Capital Markets downgraded shares of Alpha Natural Resources (NYSE: ANR) from an outperform rating to an underperform rating.
Credit Suisse upgraded shares of Anadarko Petroleum (NYSE: APC) from a neutral rating to an outperform rating.
Citigroup downgraded shares of Alumina Limited (NYSE: AWC) from a neutral rating to a sell rating.
Howard Weil upgraded shares of Basic Energy Services (NYSE: BAS) from a market perform rating to an outperform rating.
Nomura upgraded shares of BASF SE (NASDAQ: BASFY) from a neutral rating to a buy rating.
Craig Hallum downgraded shares of Sotheby's (NYSE: BID) from a buy rating to a hold rating.
Wells Fargo & Co. downgraded shares of Buckeye Partners (NYSE: BPL) from an outperform rating to a market perform rating.
Sanford C. Bernstein downgraded shares of Anheuser Busch (NYSE: BUD) from an outperform rating to a market perform rating.
Goldman Sachs upgraded shares of Cheesecake Factory (NASDAQ: CAKE) from a sell rating to a neutral rating.
Howard Weil upgraded shares of Cameron International Corp (NYSE: CAM) from a market perform rating to an outperform rating.
Caris & Co. downgraded shares of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) from an above average rating to a below average rating.
Bank of America initiated coverage on shares of Cognizant (NASDAQ: CTSH). They issued a neutral rating on the stock.
Lazard Capital initiated coverage on shares of Dana Holding Co. (NYSE: DAN). They issued a neutral rating on the stock.
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