These are this Wednesday’s top 10 analyst upgrades, downgrades, and initiations seen in Wall Street research calls:
Archer-Daniels Midland (NYSE: ADM) Raised to Buy at Citigroup.
Alexion Pharmaceuticals (NASDAQ: ALXN) Started as Perform at Oppenheimer.
CBS Corp. (NYSE: CBS) Raised to Buy at Jefferies.
Corn Products (NYSE: CPO) Cut to Hold at Citigroup.
IBM (NYSE: IBM) Raised to Buy at Canaccord.
KAR Auction Services (NYSE: KAR) started as Outperform at Credit Suisses and RBC Capital.
Lexmark International (NYSE: LXK) Started as Market Perform at JMP Securities.
New Oriental Education & Technology Group (NYSE: EDU) Cut to Neutral at Credit Suisse.
Tractor Supply Co. (NASDAQ: TSCO) Cut to Neutral at Goldman Sachs.
Xerox Corp. (NYSE: XRX) Started as Market Perform at JMP Securities.
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JON C. OGG