Top 10 Analyst Upgrades and Downgrades (BBBB, CTXS, EXPE, IP, NTAP, NOK, PKG, PETS, TNK, USB)

Investing

Published: July 21, 2009 7:08 am

These are this Tuesday morning’s top ten analyst calls with upgrades, downgrades, and initiations we have seen in early trading from Wall Street firms:

Blackboard (BBBB) Cut to Neutral at BofA/Merrill.
Citrix Systems (CTXS) Cut to Underperform at BofA/Merrill.
Expedia (EXPE) Started as Buy at Deutsche Bank.
International Paper (IP) Raised to Buy at Deutsche Bank.
NetApp (NTAP) Raised to Accumulate at ThinkEquity.
Nokia (NOK) Cut to Hold from Buy at Jefferies.
Packaging Corp (PKG) Raised to Buy at Deutsche Bank.
PetMed Express (PETS) Raised to Overweight at Piper Jaffray.
Teekay Tankers (TNK) Raised to Overweight at JP Morgan.
US Bancorp (USB) Started as Outperform at Credit Suisse.

JON C. OGG
JULY 21, 2009

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