WOSLY Posts -- BloggingStocks

WOSLY posts

Analyst upgrades, downgrades and initiations: GOOG, AA, FCX, SJM, TWC ...

Analyst upgrades:

Merriman upgraded shares of Google (NASDAQ: GOOG) to Buy from Neutral after its channel checks indicated a modest increase in ad spend per client in March. The upgrade is based on early indications that search pricing and ad spend are stabilizing, search volume continuing to grow at a double-digit rate, and Merriman's belief that consensus estimates are now at reasonable levels.
Deutsche Bank upgraded shares of Alcoa (NYSE: AA) to Hold from Sell and raised its price target to $8 from $7.30 following the company's asset sales in March as it believes the financial overhang on the stock has been removed.
Suntrust said Providence Service (NASDAQ: PRSC) has returned to profitability through demand stabilization for social services and cost controls. Shares were upgraded to Buy from Neutral.
Telmex (NYSE: TMX) was upgraded to Neutral from Undeperform at Credit Suisse.
Deutsche Telekom (NYSE: DT) was raised to Market Perform from Underperform at Bernstein.
Autodesk (NASDAQ: ADSK) was lifted to Neutral from Sell at UBS.

MOST NOTEWORTHY: International Rectifier, Wolseley and ProLogis were today's noteworthy downgrades:

Citigroup downgraded shares of International Rectifier (NYSE: IRF) to Sell from Hold after checks in Asia indicated LCD TV display weakness outside Sony/Samsung and signs of slowing China consumer demand.
Morgan Stanley downgraded shares of Wolseley (OTC: WOSLY) to Underweight from Equal Weight to reflect a more negative outlook for the company's Nordic business and U.S. housing starts.
Banc of America cut ProLogis (NYSE: PLD) to Neutral from Buy on long-term growth concerns given the economic slowdown.

OTHER DOWNGRADES:

Polypore International (NYSE: PPO) was lowered to Neutral from Overweight at JP Morgan.
Symantec (NASDAQ: SYMC) was downgraded to Market Perform from outperform at Friedman Billings.
Frontier Financial (NASDAQ: FTBK) was downgraded to Underperform from Market Perform at Keefe Bruyette.

#	Blogger	Posts	Cmts
1	Joseph Lazzaro	107	0
2	Tom Johansmeyer	98	3
3	Connie Madon	50	0
4	Steven Mallas	43	0
5	Mark Fightmaster	42	0
6	Tom Taulli	40	0
7	Steven Halpern	31	0
8	Trey Thoelcke	29	0
9	Melly Alazraki	26	0
10	Zac Bissonnette	24	0
11	Paul Foster	24	0
12	Brian White	22	0
13	Brent Archer	21	0
14	Jon Ogg	21	0
15	Jim Cramer	21	0
16	Elizabeth Harrow	18	0
17	Eric Buscemi	17	0
18	Sheldon Liber	13	0
19	Michael Fowlkes	8	0
20	Beth Gaston Moon	8	0

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.