Banking, finance, and taxes
Top Analyst Upgrades and Downgrades (MS, GS, JPM, NLY, BCS, BKC, CLNE, KO, CL, DB, PCS, TJX, WBSN)
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These are this Friday’s top analyst upgrades, downgrades, and initiations seen from early Wall Street research calls. There were several banking and broker-on-broker cuts: Morgan Stanley (NYSE: MS), Goldman Sachs Group (NYSE: GS) and JPMorgan Chase & Co. (NYSE: JPM) have all seen their earnings estimates cut at Citigroup.
Annaly Mortgage (NYSE: NLY) Cut to Underweight at Piper Jaffray.
Barclays plc (NYSE: BCS) Raised to Buy at UBS.
Burger King (NYSE: BKC) Started as Buy at Janney Montgomery Scott.
Clean Energy Fuels (NASDAQ: CLNE) Cut to Market Perform at Northland.
Coca Cola Company (NYSE: KO) Cut to Neutral at JPMorgan.
Colgate-Palmolive (NYSE: CL) Cut to Neutral at JPMorgan.
Deutsche Bank AG (NYSE: DB) Raised to Buy at UBS.
MetroPCS (NYSE: PCS) Cut to Sell at Soleil.
TJX Companies, Inc. (NYSE: TJX) Cut to Underperform at Oppenheimer.
Websense, Inc. (NASDAQ: WBSN) Raised to Buy at Stifel Nicolaus.
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JON C. OGG
JANUARY 8, 2010
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