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| Daily Digest Stockinvestips |
1) Con-way ( NYSE: CNW) upgraded from hold to buy by Stifel Nicolaus.
2) Validus Holdings ( NYSE:VR ) upgraded from hold to buy by Stifel Nicolaus.
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Downgrades for May 19 2011 Thursday:
1) AGL Resources ( NYSE: AGL ) downgraded from buy to neutral by UBS.
2) Citi Trends ( NASDAQ : CTRN) downgraded from buy to neutral by Longbow.
3) OfficeMax ( NYSE: OMX ) downgraded from outperform to perform by Oppenheimer.
4) Staples ( NASDAQ : SPLS ) downgraded from outperform to perform by Oppenheimer.
5) Suntech Power ( NYSE : STP ) downgraded from buy to neutral by Collins Stewart.
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Coverage Initiated for May 19 2011 Thursday:
1) ExlService ( NASDAQ: EXLS ) coverage initiated with outperform by Oppenheimer.
2) Genpact ( NYSE: G ) coverage initiated with outperform by Oppenheimer.
3) PennantPark Floating Rate Capital ( NYSE: PFLT ) coverage initiated with buy by Stifel Nicolaus.
4) SandRidge Mississippian Trust I ( NYSE: SDT ) coverage initiated with perform by Oppenheimer.
5) WNS ( NASDAQ: WNS) coverage initiated with perform by Oppenheimer.
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