Top Analyst Upgrades and Downgrades (AMD, AA, AXP, APC, COF, DFS, XOM, FCX, MA, Q, SCHN, PCU, V)

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By Douglas A. McIntyre Updated Published
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These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen in early all Street research calls:

Advanced Micro Devices (NYSE: AMD) Cut to Conviction Sell at Goldman Sachs.
Alcoa Inc. (NYSE: AA) Raised to Buy at UBS.
American Express (NYSE: AXP) Raised to Buy at BofA/Merrill Lynch.
Anadarko Petroleum (NYSE: APC) Raised to Buy at Lazard Capital.
Capital One Financial (NYSE: COF) Raised to Buy at BofA/Merrill Lynch.
Discover Financial (NYSE: DFS) Raised to Buy at BofA/Merrill Lynch.
ExxonMobil Corp. (NYSE: XOM) Raised to Buy at BofA/Merrill Lynch.
Freeport-McMoRan (NYSE: FCX) Raised to Buy at Citigroup.
Mastercard (NYSE: MA) Started as Outperform at Bernstein.
Qwest Communications (NYSE: Q) Raised to Overweight at Piper Jaffray; Maintained Sell but removed from Conviction Sell at Goldman Sachs.
Schnitzer Steel (NASDAQ: SCHN) Raised to Buy at UBS.
Southern Copper Corp. (NYSE: PCU) Raised to Buy at Citigroup.
Visa Inc. (NYSE: V) Started as Outperform at Bernstein.

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

JON C. OGG
FEBRUARY 2, 2010

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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