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Top Analyst Upgrades and Downgrades (ACI, ARMH, CSIQ, CAT, CAL, ELN, EXPE, GPS, PCS, BTU, STJ, VRTX)
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These are this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls:
Arch Coal Inc. (NYSE: ACI) Raised to Buy at Citigroup.
ARM Holdings (NASDAQ: ARMH) Cut to Sell at Citigroup.
Canadian Solar Inc. (NASDAQ: CSIQ) Cut To Equal-Weight at Morgan Stanley.
Caterpillar Inc. (NYSE: CAT) Raised to Outperform at Baird.
Continental Airlines, Inc. (NYSE: CAL) Raised to Buy at Stifel Nicolaus.
Elan Corp. (NYSE: ELN) Started as Market Perform at Wells Fargo.
Expedia Inc. (NASDAQ: EXPE) Raised to Overweight at Piper Jaffray.
Gap Inc. (NYSE: GPS) Raised to Overweight at Piper Jaffray.
MetroPCS (NYSE: PCS) Raised to BUy at Auriga.
Peabody Energy (NYSE: BTU) Raised to Hold at Citigroup.
St. Jude Medical (NYSE: STJ) Raised to Buy at Jefferies.
Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) Cut to Neutral at JPMorgan.
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JON C. OGG
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