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Top Analyst Upgrades and Downgrades (BIDU, BHP, CHL, CHA, GMCR, INFY, RAX, SRE, SYMC, UPS, VSAT)
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These are this Wednesday morning’s top analyst upgrades, downgrades, and initiations seen in major Wall Street research calls:
Baidu, inc. (NASDAQ: BIDU) Raised to Buy at Deutsche Bank; Raised to Buy at UBS.
BHP Billiton (NYSE: BHP) Raised to Buy at Canaccord Adams.
China Mobile (NYSE: CHL) Started as Outperform at Bernstein.
China Telecom (NYSE: CHA) Started as Market Perform at Bernstein.
Green Mountain Coffee (NASDAQ: GMCR) Started as Buy at Roth Capital.
Infosys Technologies (NASDAQ: INFY) Raised to Overweight at HSBC.
Rackspace Hosting, Inc. (NYSE: RAX) Started as Outperform at Wells Fargo.
Sempra Energy (NYSE: SRE) Cut to Market Perform at Wells Fargo.
Symantec Corporation (NASDAQ: SYMC) Raised to Outperform at Wells Fargo.
United Parcel Service (NYSE: UPS) Raised to Outperform at RBC Capital and its price target was raised to $72 at Goldman Sachs.
ViaSat (NYSE: VSAT) Cut to Perform at Oppenheimer.
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