Top Analyst Upgrades and Downgrades (AMLN, NLY, ARMH, BBBY, CO, DPS, LVLT, SANM, YHOO)

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

Amylin Pharmaceuticals (NASDAQ: AMLN) Started as Buy at Merriman Curhan Ford.
Annaly Mortgage (NYSE: NLY) Cut to Market Perform at JMP Securities.
ARM Holdings (NASDAQ: ARMH) Cut to Hold ar RBS.
Bed Bath & Beyond (NASDAQ: BBBY) Cut to Underperform at FBR Capital.
China Cord Blood Corporation (NYSE: CO) Started as Buy at Roth Capital.
Dr Pepper Snapple (NYSE: DPS) Raised to Buy at UBS.
Level 3 Communications (NASDAQ: LVLT) Raised to Neutral at JPMorgan.
Sanmina-SCI (NASDAQ: SANM) Started as Hold at Collins Stewart.
Yahoo ! Inc. (NASDAQ: YHOO) Cut to Hold at Benchmark.

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JON C. OGG