Tuesday’s analyst actions highlight the moves of Dahlman Rose to upgrade two steel names. The research firm upgraded both Arcelor Mittal (NYSE: MT) and Nucor (NYSE: NUE) to buy from hold. The count of upgrades and downgrades was about equal. Within the downgrades, none were sent to “Sell” status, and all were lowered to a "Hold" or hold equivalent. Within the upgrades, all but two were raised to “Buy”.
Dahlman Rose Upgrades Two Steel Plays
UPGRADES
| Company | Analyst | From | To |
| Arcelor Mittal (NYSE: MT) | Dahlman Rose | Hold | Buy |
| Netflix (Nasdaq: NFLX) | Hudson Square | Sell | Hold |
| Nucor (NYSE: NUE) | Dahlman Rose | Hold | Buy |
| SL Green Realty (NYSE: SLG) | UBS | Neutral | Buy |
| Synaptics (Nasdaq: SYNA) | Collins Stewart | Neutral | Buy |
| Valero Energy (NYSE: VLO) | Barclays | Equal Weight | Overweight |
| Walt Disney (NYSE: DIS) | Caris & Co. | Above Average | Buy |
| Wausau Paper (NYSE: WPP) | Deutsche Bank | Hold | Buy |
DOWNGRADES
| Company | Analyst | From | To |
| 99 Cents Only (NYSE: NDN) | MKM Partners | Buy | Neutral |
| Complete Production (NYSE: CPX) | Global Hunter | Accumulate | Neutral |
| Domtar (NYSE: UFS) | Deutsche Bank | Buy | Hold |
| Laboratory Corp. (NYSE: LH) | RBC Capital | Outperform | Sector Perform |
| Sprint Nextel (NYSE: S) | Argus | Buy | Hold |
| Sunesis Pharma (Nasdaq: SNSS) | RBC Capital | Outperform | Sector Perform |
