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| Daily Digest Stockinvestips |
Upgrades for May 31 2011 Tuesday:
1) AMAG Pharma ( NASDAQ: AMAG ) upgraded from neutral to outperform by Robert W. Baird.
2) Commvault Systems ( NASDAQ:CVLT ) upgraded from neutral to positive by Avian.
3) Motricity ( NASDAQ : MOTR) upgraded from Underperform to Sector Perform by RBC Capital Mkts.
4) Travelzoo ( NASDAQ : TZOO) upgraded from Market Perform to Outperform by Morgan Keegan.
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Downgrades for May 31 2011 Tuesday:
1) Dreamworks Animation ( NASDAQ: DWA ) downgraded from buy to Above Average by Caris & Company.
2) Full Circle Capital ( NASDAQ : FULL ) downgraded from buy to neutral by Ladenburg Thalmann.
3) Impax Labs ( NASDAQ : IPXL) downgraded from Outperform to Sector Perform by RBC Capital Mkts.
4) Lions Gate Entertainment ( NYSE : LGF) downgraded from Average to Below Average by Caris & Company.
5) Medtronic ( NYSE : MDT) downgraded from Hold to Sell by Argus.
6) Wisconsin Energy ( NYSE : WEC ) downgraded from Buy to Hold by Argus.
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Coverage Initiated for May 31 2011 Tuesday:
1) Aeterna Zentaris ( NASDAQ: AEZS ) coverage initiated with buy by Needham.
2) Air Lease ( NYSE: AL) coverage initiated with sector perform by RBC Capital Mkts.
3) Ardea Biosciences ( NASDAQ : RDEA) coverage initiated with Outperform by Boenning & Scattergood.
4) Mission NewEnergy ( NASDAQ: MNEL ) coverage initiated with Market Perform by Rodman & Renshaw.
5) Orrstown Financial Services ( NASDAQ: ORRF ) coverage initiated with Neutral by Boenning & Scattergood.
6) Sagent Pharma ( NASDAQ: SGNT) coverage initiated with Outperform by RBC Capital Mkts.
7) Tesoro Logistics LP ( NYSE : TLLP ) coverage initiated with Outperform by RBC Capital Mkts.
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