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 |
Labels: Analyst-Actions, stock news