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    Equity Briefing: Upgrades and Downgrades for July 20th: ADK, AF, AHT, AKZOY, AMD, CBST, CHSP, CMC, CMG, CROX

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    Vancouver, BC, July 20, 2012 - (ACN Newswire) - A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:

    C.K. Cooper initiated coverage on shares of Adcare Health System (NYSE:ADK - News). They issued a buy ratingon the stock and set a $6.50 price target.

    Stifel Nicolaus downgraded shares of Astoria Financial Co. (NYSE:AF - News) from a hold rating to a sell rating.

    SunTrust initiated coverage on shares of Ashford Hospitality Trust (NYSE:AHT - News). They issued aneutral rating on the stock.

    Credit Suisse upgraded shares of Akzo Nobel (NASDAQ:AKZOY - News) from an underperform rating to a neutral rating.

    Wedbush downgraded shares of Advanced Micro Devices (NYSE:AMD - News) from an outperform rating to a neutral rating.

    Canaccord Genuity downgraded shares of Advanced Micro Devices (NYSE:AMD - News) from a buy rating to a hold rating.

    Deutsche Bank reiterated its hold rating on shares of Advanced Micro Devices (NYSE:AMD - News).

    Caris & Co. downgraded shares of Cubist Pharmaceuticals, Inc. (NASDAQ:CBST - News) from an above average rating to an average rating.

    SunTrust initiated coverage on shares of Chesapeake Lodging Trust Common Shares of Beneficial Interest (NASDAQ:CHSP - News). They issued a buy rating on the stock.

    KeyBanc initiated coverage on shares of Commercial Metals (NYSE:CMC - News). They issued a hold rating on the stock.

    Deutsche Bank downgraded shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - News) from a buy rating to a hold rating.

    Janney Montgomery Scott downgraded shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - News) from a buy rating to a neutral rating.

    Goldman Sachs downgraded shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - News) from a buy rating to a neutral rating.

    Jefferies Group reiterated its underperform rating on shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - News).

    CL King initiated coverage on shares of Crocs (NASDAQ:CROX - News). They issued a buy rating on the stock.

    Macquarie upgraded shares of Cablevision (NYSE:CVC - News) from a neutral rating to an outperform rating.

    Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at http://bit.ly/arndaily

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    Source: Equity Briefing via Thomson Reuters ONE

    Copyright 2012 ACN Newswire. All rights reserved.

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