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Top 10 Analyst Upgrades and Downgrades (AAPL, ARMH, BIDU, CIT, DRIV, VTIV, OXGN, PSYS, RIMM, WLP)
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These are this Wednesday’s top ten analyst calls for upgrades, downgrades, and initiations seen in early Wall Street research calls:
Apple Inc. (NASDAQ: AAPL) Started as Outperform at BNP Paribas (overseas).
ARM Holdings (NASDAQ: ARMH) Cut to Hold at Deutsche Bank.
Baidu, Inc. (NASDAQ: BIDU) Reiterated Buy at Deutsche Bank, but target raised to $752 per share.
CIT Group, Inc. (NYSE: CIT) Started as Market Perform at KBW.
Digital River, Inc. (NASDAQ: DRIV) Raised to Outperform at FBR Capital Markets.
inVentiv Health (NASDAQ: VTIV) target raised to $27 from $20 and Maintained Buy at Auriga.
Oxigene Inc. (NASDAQ: OXGN) Started as Buy at Roth Capital.
Psychiatric Solutions, Inc. (NASDAQ: PSYS) Cut to Underweight at Piper Jaffray.
Research-in-Motion Ltd. (NASDAQ: RIMM) Started as Outperform at BNP Paribas; R-I-M was Suspended from coverage at Auriga, but kept at Hold and $71 price target.
WellPoint Inc. (NYSE: WLP) Raised to Outperform at BMO Capital.
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