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


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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 (NASDAQ: KITD). They issued a hold rating on the stock.

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

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

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

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

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

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

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

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

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

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

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

Societe Generale upgraded shares of Nokia Co. (NYSE: NOK) from a sell rating to a hold rating.

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

CIBC upgraded shares of Nucor Co. (NYSE: NUE) from an underperform rating to an underperform rating.

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Source: Equity Briefing via Thomson Reuters ONE

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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