Top 10 Analyst Upgrades and Downgrades (AAPL, BYI, BHP, DWA, FRO, IGT, CSCO, JPM, PCLN, RS)

These are ten of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen in Wall Street research notes:

Apple Inc. (NASDAQ: AAPL) Raised estimates and Target to $348.00 at Piper Jaffray.
Bally Technologies, Inc. (NYSE: BYI) Cut to Sell at Goldman Sachs.
BHP Billiton Ltd. (NYSE: BHP) Cut to Underweight at JPMorgan (Cazenove).
DreamWorks Animation SKG Inc. (NASDAQ: DWA) Cut to Neutral at Goldman Sachs.
Frontline Ltd. (NYSE: FRO) Removed from Conviction Buy List at Goldman Sachs.
International Game Technologies (NYSE: IGT) Cut to Sell at Goldman Sachs.
Cisco Systems, Inc. (NASDAQ: CSCO) Started as Overweight with $32 target at Atlantic Securities.
J.P. Morgan Chase & Co. (NYSE: JPM) Started as Outperform at FBR Capital.
Priceline.com Incorporated (NASDAQ: PCLN) Raised to Buy with $240 target at Goldman Sachs.
Reliance Steel & Aluminum (NYSE: RS) Raised to Buy at UBS.

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JON C. OGG