Banking, finance, and taxes

Top Analyst Upgrades and Downgrades (MS, GS, JPM, NLY, BCS, BKC, CLNE, KO, CL, DB, PCS, TJX, WBSN)

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.

I would like to personally invite you to join our free daily email distribution list from 24/7 Wall St. to hear about ongoing day trader and options trader alerts, analyst upgrades and downgrades, stock and market rumors, Buffett and guru investor news, M&A and IPOs, and more.

JON C. OGG
JANUARY 8, 2010

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