These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen in a thin week of coverage and Wall Street research calls:
Amazon.com Inc. (NASDAQ: AMZN) Reiterated Outperform but target raised to $172 at Piper Jaffray.
AMICAS, Inc. (NASDAQ: AMCS) Cut to Market Perform at William Blair.
Apple Inc. (NASDAQ: AAPL) Reiterated Outperform at Barclays; this follows raised targets from Broadpoint AmTech and Thomas Weisel yesterday.
Cosan Ltd. (NYSE: CZZ) Raised to Overweight at JPMorgan.
Goldman Sachs Group (NYSE: GS) Cut estimates $5.74 EPS vs. prior $6.57) at BofA/Merrill Lynch.
Jefferies Group Inc. (NYSE: JEF) Raised to Outperform at KBW.
Morgan Stanley (NYSE: MS) Cut estimates (0.40 EPS vs. $0.47 prior) at BofA/Merrill Lynch.
UnitedHealth (NYSE: UNH) Cut to Hold at Standpoint.
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JON C. OGG