Analyst Moves Highlight Dahlman Rose Upgrade of Two Steel Plays

Tuesday’s analyst actions highlight the moves of Dahlman Rose to upgrade two steel names. The research firm upgraded both Arcelor Mittal (NYSE: MT) and Nucor (NYSE: NUE) to buy from hold. The count of upgrades and downgrades was about equal. Within the downgrades, none were sent to “Sell” status, and all were lowered to a "Hold" or hold equivalent. Within the upgrades, all but two were raised to “Buy”.

Dahlman Rose Upgrades Two Steel Plays

UPGRADES

Company	Analyst	From	To
Arcelor Mittal (NYSE: MT)	Dahlman Rose	Hold	Buy
Netflix (Nasdaq: NFLX)	Hudson Square	Sell	Hold
Nucor (NYSE: NUE)	Dahlman Rose	Hold	Buy
SL Green Realty (NYSE: SLG)	UBS	Neutral	Buy
Synaptics (Nasdaq: SYNA)	Collins Stewart	Neutral	Buy
Valero Energy (NYSE: VLO)	Barclays	Equal Weight	Overweight
Walt Disney (NYSE: DIS)	Caris & Co.	Above Average	Buy
Wausau Paper (NYSE: WPP)	Deutsche Bank	Hold	Buy

DOWNGRADES

Company	Analyst	From	To
99 Cents Only (NYSE: NDN)	MKM Partners	Buy	Neutral
Complete Production (NYSE: CPX)	Global Hunter	Accumulate	Neutral
Domtar (NYSE: UFS)	Deutsche Bank	Buy	Hold
Laboratory Corp. (NYSE: LH)	RBC Capital	Outperform	Sector Perform
Sprint Nextel (NYSE: S)	Argus	Buy	Hold
Sunesis Pharma (Nasdaq: SNSS)	RBC Capital	Outperform	Sector Perform

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