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Tuesday, May 8, 2012

Top Analyst Upgrades & Downgrades: MAKO, EA, CTSH, GOLD, EXC, EPB- 5/8/12

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms today.If you are looking to day trade, you might want to check out the following stocks. I usually throw these on my watch list and monitor with resistance &  support levels.You can also check previous stocks to buy reports- Right Here. 

Mako Surgical (MAKO), Electronic Arts (EA), Cognizant (CTSH), Randgold Resources (GOLD), Cimarex Energy (XEC) and El Paso Pipeline (EPB) were upgraded or downgraded by analysts.

Mako Surgical (MAKO) downgraded to Neutral from Buy at Mizuho.

Electronic Arts (EA) upgraded to Buy from Hold at Needham.Needham upgraded Electronic Arts based on expectations for growth to accelerate in 2013 driven by digital revenues. Price target is $22.

Cognizant (CTSH) upgraded to Outperform from Neutral at RW Baird.Baird upgraded Cognizant based on valuation, solid revenue growth, and a strong balance sheet. Price target is $76.

Randgold Resources (GOLD) upgraded to Neutral from Underweight at JPMorgan.

Cimarex Energy (XEC) upgraded to Buy from Hold at Canaccord.Canaccord upgraded Cimarex based on valuation and production growth. Price target is $84.

El Paso Pipeline (EPB) coverage assumed with an Outperform at Credit Suisse.Target $38.


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