Investing

Top 10 Analyst Upgrades, Downgrades, Initiations (ADI, ACI, ISRG, BTU, PHM, RIMM, STX, SPWRA, TGT, WDC)

These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls:

Analog Devices (NYSE: ADI) Raised to Conviction Buy List at Goldman Sachs.
Arch Coal (NYSE: ACI) Started as Overweight at HSBC.
Intuitive Surgical (NASDAQ: ISRG) Started as Market Perform at Morgan Keegan.
Peabody Energy (NYSE: BTU) Started as Overweight at HSBC.
Pulte Homes (NYSE: PHM) Raised to Buy at Citigroup.
Research-in-Motion (NASDAQ: RIMM) Cut to Market Perform at BMO.
Seagate Technology (NASDAQ: STX) Cut to Underperform at BofA Merrill Lynch.
Sunpower Corporation (NASDAQ: SPWRA) Cut to Neutral at Janney Montgomery Scott.
Target Corp. (NYSE: TGT) Cut to Neutral at Goldman Sachs.
Western Digital Corp. (NYSE: WDC) Cut to Underperform at BofA Merrill Lynch.

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