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Equity Briefing: Upgrades and Downgrades for July 16th: ACI, AIXG, AMSF, ANR, APC, AWC, BAS, BASFY, BID, BPL

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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:

BMO Capital Markets downgraded shares of Arch Coal, Inc. (NYSE: ACI) from a market perform rating to an underperform rating.

ThinkEquity downgraded shares of Aixtron AG (NASDAQ: AIXG) from a buy rating to a hold rating.

Keefe, Bruyette & Woods initiated coverage on shares of Amerisafe Inc (NASDAQ: AMSF). They issued a market perform rating on the stock.

BMO Capital Markets downgraded shares of Alpha Natural Resources (NYSE: ANR) from an outperform rating to an underperform rating.

Credit Suisse upgraded shares of Anadarko Petroleum (NYSE: APC) from a neutral rating to an outperform rating.

Citigroup downgraded shares of Alumina Limited (NYSE: AWC) from a neutral rating to a sell rating.

Howard Weil upgraded shares of Basic Energy Services (NYSE: BAS) from a market perform rating to an outperform rating.

Nomura upgraded shares of BASF SE (NASDAQ: BASFY) from a neutral rating to a buy rating.

Craig Hallum downgraded shares of Sotheby's (NYSE: BID) from a buy rating to a hold rating.

Wells Fargo & Co. downgraded shares of Buckeye Partners (NYSE: BPL) from an outperform rating to a market perform rating.

Sanford C. Bernstein downgraded shares of Anheuser Busch (NYSE: BUD) from an outperform rating to a market perform rating.

Goldman Sachs upgraded shares of Cheesecake Factory (NASDAQ: CAKE) from a sell rating to a neutral rating.

Howard Weil upgraded shares of Cameron International Corp (NYSE: CAM) from a market perform rating to an outperform rating.

Caris & Co. downgraded shares of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) from an above average rating to a below average rating.

Bank of America initiated coverage on shares of Cognizant (NASDAQ: CTSH). They issued a neutral rating on the stock.

Lazard Capital initiated coverage on shares of Dana Holding Co. (NYSE: DAN). They issued a neutral rating on the stock.

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Source: Equity Briefing via Thomson Reuters ONE

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