Top Analyst Upgrades and Downgrades (AMD, CAR, BRCM, BKC, CHK, GLW, GED, HBC, INTC, MU, NDAQ, NKE, NVDA, SNV)

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

Advanced Micro Devices (NYSE: AMD) Started as Underperform at Macquarie; Removed from Conviction Sell list Goldman Sachs (still Sell rates).
Avis Budget Group (NYSE: CAR) Raised to Overweight at Barclays.
Broadcom Corp. (NASDAQ: BRCM) Started as Neutral at Macquarie; Raised to Buy at Goldman Sachs.
Burger King Holdings Inc. (NYSE: BKC) Raised to Buy at Deutsche Bank.
Chesapeake Energy (NYSE: CHK) Cut to Hold at Lazard.
Corning Inc. (NYSE: GLW) Raised to Overweight at Thomas Weisel.
Guess? Inc. (NYSE: GES) Raised to Buy at Lazard.
HSBC Holdings (NYSE: HBC) Cut to Market Perform at FBR.
Intel Corp. (NASDAQ: INTC) Started as Neutral at Macquarie.
Micron Technology Inc. (NASDAQ: MU) Started as Underperform at Macquarie.
Nasdaq OMX Group Inc. (NASDAQ: NDAQ) Started as Outperform at JMP Securities.
Nike Inc. (NYSE: NKE) Raised to Outperform at FBR.
NVIDIA (NASDAQ: NVDA) Started as Neutral at Macquarie.
Synovus Financial Corp. (NYSE: SNV) Cut to Neutral at SunTrust Robinson Humphrey.

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JON C. OGG