Pacific Sunwear(PSUN), American Axle (AXL) , Philip Morris (PM) , THQ Inc. (THQI) , Halliburton (HAL), Patterson-UTI Energy (PTEN) , Diamond Offshore (DO) were upgraded or downgraded by analysts.
American Axle (AXL) upgraded to Buy from Hold at Deutsche Bank .Broker upgraded American Axle citing valuation and the company's disproportionate exposure to North America. The firm upped its price target for shares to $16.50 from $13. Deutsche says its top picks for 2012 in the Autos & Auto Parts space include Ford (F), Lear (LEA), Goodyear Tire (GT), Dana Holding (DAN) and American.
Philip Morris (PM) downgraded to Neutral from Buy at Nomura.
THQ Inc. (THQI) downgraded to Sector Perform from Outperform at Pacific Crest Pacific Crest downgraded THQ Inc citing the negative Q3 pre-announcement.
Halliburton (HAL) coverage resumed with a Conviction Buy at Goldman Target $55.
Patterson-UTI Energy (PTEN) coverage resumed with a Buy at Goldman Target $29.
Diamond Offshore (DO) coverage resumed with a Sell at Goldman Target $70.
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