Top Analyst Upgrades and Downgrades (AOL, DT, DOW, ECA, FNSR, PM, SWIR, TEN, MMM, WY, ZBRA)

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

AOL Inc. (NYSE: AOL) Started as Neutral at JPMorgan.
Deutsche Telekom (NYSE: DT) Started as Underweight at Morgan Stanley; Cut to Sell at UBS.
Dow Chemical (NYSE: DOW) Raised to Overweight at Barclays.
EnCana (NYSE: ECA) Cut to Market Perform at Raymond James.
Finisar Corp. (NASDAQ: FNSR) Raised to Overweight at Thomas Weisel.
Philip Morris International, Inc. (NYSE: PM) Cut to Reduce at Nomura.
Sierra Wireless (NASDAQ: SWIR) Raised to Outperform at Raymond James.
Tenneco Inc. (NYSE: TEN) Raised to Outperform at Wells Fargo.
3M Co. (NYSE: MMM) Raised to Conviction Buy List at Goldman Sachs.
Weyerhaeuser Co. (NYSE: WY) Cut to Neutral at Goldman Sachs.
Zebra Technologies (NASDAQ: ZBRA) Cut to Neutral at Baird.

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JON C. OGG