Top Analyst Upgrades and Downgrades (ABB, AEIS, CROX, FSYS, MELI, PCS, PMI, RDN, GOLD, SQNM, UHS)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning:

ABB Ltd. (NYSE: ABB) Started as Buy at ING.
Advanced Energy Industries, Inc. (NASDAQ: AEIS) Started as Buy at Merriman Curhan Ford.
Crocs, Inc. (NASDAQ: CROX) Reiterated Overweight but target raised to $13 from $9 at Piper Jaffray.
Fuel Systems Solutions, Inc. (NASDAQ: FSYS) Cut to Hold at Canaccord.
Mercadolibre, Inc. (NASDAQ: MELI) Raised to Positive at Susquehanna.
MetroPCS Communications Inc. (NYSE: PCS) Reiterated Buy and Target raised to $11 from $9 at Auriga; Raised to Strong Buy at S&P.
PMI Group Inc. (NYSE: PMI) Raised to Outperform at KBW.
Radian Group Inc. (NYSE: RDN) Raised to Outperform at KBW.
Randgold Resources Ltd. (NASDAQ: GOLD) Cut to Market Weight at Thomas Weisel.
Sequenom Inc. (NASDAQ: SQNM) Reiterated HOLD and $4 target at Auriga.
Universal Health Services (NYSE: UHS) Raised to Outperform at Wells Fargo.

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JON C. OGG