Upgrades and Downgrades for Friday, 3/16/12

Upgrades

• Microsoft (MSFT) upgraded by Argus from Hold to Buy
• Royal Bank of Scotland (RBS) upgraded by UBS from Neutral to Buy
• Lear (LEA) upgraded by Goldman from Buy to Conviction Buy
• Transocean (RIG) upgraded by Global Hunter from Neutral to Buy
• Shire (SHPGY) upgraded by JPMorgan from Neutral to Overweight
• Wabtec (WAB) upgraded by BB&T from Hold to Buy
• Chemtura (CHMT) upgraded by Oppenheimer from Perform to Outperform
• Vantage Drilling (VTG) upgraded by Dahlman Rose from Hold to Buy
• Acme Packet (APKT) upgraded by Northland Securities from Market Perform to Outperform
• AXT, Inc. (AXTI) upgraded by Northland Securities from Market Perform to Outperform
• K+S (KPLUF) upgraded by ING Group from Hold to Buy
• Oceaneering (OII) upgraded by Tudor Pickering from Hold to Accumulate
• State Street (STT) upgraded by Rochdale from Neutral to Buy

Downgrades 

• BlackRock (BLK) downgraded by Deutsche Bank from Buy to Hold
• Morgan Stanley (MS) downgraded by Deutsche Bank from Buy to Hold
• TD Ameritrade (AMTD) downgraded by Deutsche Bank from Buy to Hold
• Porsche (POAHY) downgraded by Bernstein from Market Perform to Underperform
• Daimler AG (DDAIF) downgraded by Bernstein from Outperform to Market Perform
• K+S (KPLUF) downgraded by UBS from Buy to Neutral
• Armstrong World (AWI) downgraded by KeyBanc from Buy to Hold
• Seadrill (SDRL) downgraded by Dahlman Rose from Buy to Hold
• Buffalo Wild Wings (BWLD) downgraded by Wedbush from Outperform to Neutral
• Red Hat (RHT) downgraded by Morgan Stanley from Overweight to Equal Weight
• InfuSystem (INFU) downgraded by Roth Capital from Buy to Neutral
• Synovus (SNV) downgraded by Credit Suisse from Outperform to Neutral
• Sun Communities (SUI) downgraded by BofA/Merrill from Neutral to Underperform
• Estee Lauder (EL) downgraded by Caris from Buy to Above Average

By TheFlyOnTheWall 

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