Daily Digest :Upgrades and Downgrades for May 31 2011 ( Tuesday ) !

Daily Digest Stockinvestips
Upgrades for May 31 2011 Tuesday:

1) AMAG Pharma ( NASDAQ: AMAG ) upgraded from neutral to outperform by Robert W. Baird.

2) Commvault Systems ( NASDAQ:CVLT ) upgraded from neutral to positive by Avian.

3) Motricity ( NASDAQ : MOTR) upgraded from Underperform to Sector Perform by RBC Capital Mkts.

4) Travelzoo ( NASDAQ : TZOO) upgraded from Market Perform to Outperform by Morgan Keegan.

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Downgrades for May 31 2011 Tuesday:

1) Dreamworks Animation ( NASDAQ: DWA ) downgraded from buy to Above Average by Caris & Company.

2) Full Circle Capital ( NASDAQ : FULL ) downgraded from buy to neutral by Ladenburg Thalmann.

3) Impax Labs ( NASDAQ : IPXL) downgraded from Outperform to Sector Perform by RBC Capital Mkts.

4) Lions Gate Entertainment ( NYSE : LGF) downgraded from Average to Below Average by Caris & Company.

5) Medtronic ( NYSE : MDT) downgraded from Hold to Sell by Argus.

6) Wisconsin Energy ( NYSE : WEC ) downgraded from Buy to Hold by Argus.

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Coverage Initiated for May 31 2011 Tuesday:

1) Aeterna Zentaris ( NASDAQ: AEZS ) coverage initiated with buy by Needham.

2) Air Lease ( NYSE: AL) coverage initiated with sector perform by RBC Capital Mkts.

3) Ardea Biosciences ( NASDAQ : RDEA) coverage initiated with Outperform by Boenning & Scattergood.

4) Mission NewEnergy ( NASDAQ: MNEL ) coverage initiated with Market Perform by Rodman & Renshaw.

5) Orrstown Financial Services ( NASDAQ: ORRF ) coverage initiated with Neutral by Boenning & Scattergood.

6) Sagent Pharma ( NASDAQ: SGNT) coverage initiated with Outperform by RBC Capital Mkts.

7) Tesoro Logistics LP ( NYSE : TLLP ) coverage initiated with Outperform by RBC Capital Mkts.

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