Matrix USA Rating Changes 10/13
Upgrades:
Tiffany & Co. (NYSE: TIF) from Hold to Buy, citing a declining stock price; American Superconductor (Nasdaq: AMSC) from Sell to Hold, citing a declining stock price; Quanta Services (NYSE: PWR) from Sell to Hold, citing a declining stock price; Zoll Medical (Nasdaq: ZOLL) from Hold to Buy, citing a declining stock price; QLogic (Nasdaq: QLGC) from Hold to Buy, citing a declining stock price; Fiat SPA (Nasdaq: FIATY) from Buy to Strong Buy, citing new financials 10Q;
Downgrades:
Bed Bath & Beyond (Nasdaq: BBBY) from Hold to Sell, citing new financials 10Q; Cablevision Systems (NYSE: CVC) from Hold to Sell, citing a rising relative value; Penske Automotive Group (NYSE: PAG) from Hold to Sell, citing a rising relative value; OTE- Hellenic Telecom (NYSE: OTE) from Strong Buy to Buy, citing new financials 10Q; Hertz Global Holdings (NYSE: HTZ) from Buy to Hold, citing a rising relative value; Cheesecake Factory (Nasdaq: CAKE) from Hold to Sell, citing a rising relative value;
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