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Equity Briefing: Upgrades and Downgrades for July 20th: KITD, KOF, KOG, LHO, MAR, MIG, MM, MN, MNTA, MSFT, NAS
A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:
Canaccord Genuity initiated coverage on shares of Kit Digital Inc (NASDAQ: KITD). They issued a hold rating on the stock.
Citigroup initiated coverage on shares of Coca-Cola FEMSA (NYSE: KOF). They issued a neutral rating on the stock.
Capital One downgraded shares of Kodiak Oil & Gas Corp. (NYSE: KOG) from an add rating to a neutral rating.
Cowen downgraded shares of LaSalle Hotel Properties (NYSE: LHO) from an outperform rating to a neutral rating.
SunTrust initiated coverage on shares of Marriott (NYSE: MAR). They issued a neutral rating on the stock.
BGB Securities downgraded shares of Meadowbrook Insurance Group, Inc. (NYSE: MIG) from a buy rating to a hold rating.
ThinkEquity initiated coverage on shares of Millennial Media, Inc. (NYSE: MM). They issued a buy rating on the stock.
JPMorgan Chase initiated coverage on shares of Manning & Napier Inc (NYSE: MN). They issued a neutral rating on the stock.
UBS AG downgraded shares of Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA) from a buy rating to a neutral rating.
Gilford Securities initiated coverage on shares of Microsoft Corp (NASDAQ: MSFT). They issued a buy rating on the stock.
Griffin Securities initiated coverage on shares of Microsoft Corp (NASDAQ: MSFT). They issued a buy rating on the stock and set a $38.00 price target.
BMO Capital Markets upgraded shares of Noble Corp (NYSE: NE) from a market perform rating to an outperform rating.
Societe Generale upgraded shares of Nokia Co. (NYSE: NOK) from a sell rating to a hold rating.
Wedbush initiated coverage on shares of NetScout Systems, Inc. (NASDAQ: NTCT). They issued a neutral rating on the stock.
CIBC upgraded shares of Nucor Co. (NYSE: NUE) from an underperform rating to an underperform rating.
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