Must Know Upgrades and Downgrades Wednesday

Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded the shares on May 30th.

Upgrades

Research In Motion (NASDAQ:RIMM): JMP Securities upgraded its rating on this company from Mkt Underperform to Mkt Perform.

Investing Insights: Research in Motion: What Went Wrong?

Sanderson Farms (NASDAQ:SAFM): KeyBanc Capital Mkts upgraded its rating on this company from Hold to Buy and changed its price target to $60.

Jack In The Box (NASDAQ:JACK): Oppenheimer upgraded its rating on this company from Perform to Outperform and changed its price target to $32.

Downgrades

Frontline (NYSE:FRO): Deutsche Bank downgraded its rating on this company from Hold to Sell and changed its price target from $6 to $2.

Nokia (NYSE:NOK): MKM Partners downgraded its rating on this company from Neutral to Sell and changed its price target to $2.

Featured Reading: Are Nokia’s Heaviest Stockholders Still Holding for a Turnaround?

Pilgrim’s Pride (NYSE:PPC): BB&T Capital Mkts downgraded its rating on this company from Buy to Hold.

LeCroy (NASDAQ:LCRY): Stifel Nicolaus downgraded its rating on this company from Buy to Hold.

Agnico-Eagle Mines (NYSE:AEM): Dahlman Rose downgraded its rating on this company from Buy to Hold.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.