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| Daily Digest Stockinvestips |
Upgrades for June 1, 2011 Wednesday:
1) Ashland ( NYSE: ASH ) upgraded from neutral to buy by Longbow.
2) AT&T ( NYSE:T ) upgraded from hold to buy by Hudson Square Research.
3) Concur Tech ( NASDAQ: CNQR ) upgraded from hold to buy by Needham.
4) Ensco ( NYSE: ESV ) upgraded from neutral to buy by UBS.
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Downgrades for June 1, 2011 Wednesday:
1) Ashford Hospitality Trust ( NYSE: AHT ) downgraded from Outperform to Mkt Perform by FBR Capital.
2) China-Biotics ( NASDAQ : CHBT ) downgraded from hold to sell by Maxim Group.
3) E-House China ( NYSE : EJ ) downgraded from hold to sell by Maxim Group.
4) Expedia ( NASDAQ : EXPE ) downgraded from buy to hold by Standpoint Research.
5) Hill International ( NYSE : HIL ) downgraded from buy to hold by Morgan Joseph.
6) Nokia ( NYSE : NOK) downgraded from buy to hold by Canaccord Genuity.
7) Sequans Communications ( NYSE : SQNS ) downgraded from buy to hold by Needham.
8) Verizon ( NYSE : VZ) downgraded from hold to sell by Hudson Square Research .
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Coverage Initiated for June 1, 2011 Wednesday:
1) Aecom Tech ( NYSE : ACM ) coverage initiated with buy by BB&T Capital Mkts.
2) Oclaro ( NASDAQ: OCLR ) coverage initiated with Mkt Outperform by Avondale.
3) OYO Geospace ( NASDAQ: OYOG ) coverage initiated with strong buy by BWS Financial.
4) Sagent Pharma ( NASDAQ: SGNT ) coverage initiated with buy by Needham.
5) Walgreens ( NASDAQ: WAG) coverage initiated with buy by UBS.
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