Analyst Calls: AEO, BKC, BKE, GRA, KSP, MFE, PSS, TTWO, VPRT ...

Analyst Upgrades

Hudson Square upgraded Take-Two (TTWO) to buy from hold, citing the better-than-expected Q3 report and increased guidance.
Keybanc upgraded The Buckle (BKE) to hold from underweight given the potential for a special dividend in the near term.
Stifel Nicolaus upgraded K-Sea Transportation (KSP) to hold from sell, citing KA First Reserve's $100M equity investment.
Gold Fields (GFI) was upgraded to overweight from equal weight at Morgan Stanley.
James Hardie NV (JHX) was upgraded to neutral from reduce at Nomura.

Analyst Downgrades

Burger King (BKC) was downgraded to sell from buy at Deutsche Bank and to neutral from overweight at Piper Jaffray. The company is being acquired by 3G Capital for $24 per share in cash.
Cowen downgraded McAfee (MFE) to neutral from outperform. McAfee is being acquired by Intel (INTC) for $48 per share in cash.
Lazard Capital downgraded American Eagle (AEO) to hold from buy. The firm said the teen space is overstored and overinventoried and has reduced American Eagle estimates for 2H10 below Street forecasts.
Collective Brands (PSS) was downgraded to neutral from positive at Susquehanna.
Compania Cervecerias Unidas (CCU) was downgraded to hold from buy at Deutsche Bank.
Mitel (MITL) was cut to neutral from overweight at JPMorgan and Piper Jaffray.

Analyst Initiations

Kaufman Bros. initiated Vistaprint (VPRT) with a buy rating and $50 target.
KeyBanc started W.R. Grace (GRA) with a buy rating and $36 target.
RBC Capital initiated Republic First Bancorp (FRBK) with a sector perform rating and $20 target.
JPMorgan assumed Navios Maritime Acquisition (NNA) with a neutral rating and $7 target.

Tags: AEO, American Eagle Outfitters, analyst upgrades, BKC, BKE, CCU, downgrades, FRBK, GFI, GRA, initiations, INTC, Intel, inthenews, JHX, K-Sea, KSP, McAfee, MFE, MITL, NNA, PSS, Take-Two, TTWO, VistaPrint, VPRT