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Analysts' Upgrades, Downgrades: Apollo

Stock quotes in this article: APOL , AMR , CHH , DNDN , ERTS , MOT , NOK  

CHANGE IN RATINGS

AMR (AMR Quote) downgraded at Argus to Sell from Hold based on higher fuel prices and weak industry demand.

Choice Hotels (CHH Quote) upgraded at Wachovia from Market Perform to Outperform. Company has a high-margin franchise model and isn't affected as much by lower business travel.

Dendreon (DNDN Quote) rated new Hold at Morgan Joseph. Stock is already pricing in success, though the company has attractive long-term growth prospects.

Electronic Arts (ERTS Quote) upgraded at Merrill/BofA from Neutral to Buy. $26 price target. Expect the company to exceed earnings expectations the next couple of quarters and also benefit from the launch of Sims 3. ...

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