Top 10 Analyst Upgrades and Downgrades (AAPL, ARMH, BIDU, CIT, DRIV, VTIV, OXGN, PSYS, RIMM, WLP)

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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JON C. OGG