Equity Briefing: Upgrades and Downgrades for July 20th: KITD, KOF, KOG, LHO, MAR, MIG, MM, MN, MNTA, MSFT, NAS

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:

Canaccord Genuity initiated coverage on shares of Kit Digital Inc KITD. They issued a hold rating on the stock.

Citigroup initiated coverage on shares of Coca-Cola FEMSA KOF. They issued a neutral rating on the stock.

Capital One downgraded shares of Kodiak Oil & Gas Corp. KOG from an add rating to a neutral rating.

Cowen downgraded shares of LaSalle Hotel Properties LHO from an outperform rating to a neutral rating.

SunTrust initiated coverage on shares of Marriott MAR. They issued a neutral rating on the stock.

BGB Securities downgraded shares of Meadowbrook Insurance Group, Inc. MIG from a buy rating to a hold rating.

ThinkEquity initiated coverage on shares of Millennial Media, Inc. MM. They issued a buy rating on the stock.

JPMorgan Chase initiated coverage on shares of Manning & Napier Inc MN. They issued a neutral rating on the stock.

UBS AG downgraded shares of Momenta Pharmaceuticals, Inc. MNTA from a buy rating to a neutral rating.

Gilford Securities initiated coverage on shares of Microsoft Corp MSFT. They issued a buy rating on the stock.

Griffin Securities initiated coverage on shares of Microsoft Corp MSFT. They issued a buy rating on the stock and set a $38.00 price target.

BMO Capital Markets upgraded shares of Noble Corp NE from a market perform rating to an outperform rating.

Societe Generale upgraded shares of Nokia Co. NOK from a sell rating to a hold rating.

Wedbush initiated coverage on shares of NetScout Systems, Inc. NTCT. They issued a neutral rating on the stock.

CIBC upgraded shares of Nucor Co. NUE from an underperform rating to an underperform rating.

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