Investing

Top Analyst Upgrades and Downgrades (BP, BEN, IVZ, LNCR, KR, PHG, SWY, SWN, TSO, WMB)

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

BP plc (NYSE: BP) target cut at HSBC; Cut to Hold at UniCredit; Moody’s cut the debt rating; BP was also raised to Buy at Societe Generale.
Franklin Resources Inc. (NYSE: BEN) Cut to Neutral at Goldman Sachs.
Invesco Ltd. (NYSE: IVZ) Started as Buy at Goldman Sachs.
Lincare Holdings (NASDAQ: LNCR) Cut to Hold at Jefferies.
The Kroger Co. (NYSE: KR) Cut to Underperform at BofA/Merrill Lynch.
Koninklijke Philips Electronics NV (NYSE: PHG) Raised to Buy at BofA/Merrill Lynch.
Safeway Inc. (NYSE: SWY) Cut to Underperform at BofA/Merrill Lynch.
Southwestern Energy Co. (NYSE: SWN) Cut to Neutral from Conviction Buy List at Goldman Sachs.
Tesoro Corporation (NYSE: TSO) Raised to Sector Perform at RBC.
Willams Cos. (NYSE: WMB) Raised to Conviction Buy List at Goldman Sachs.

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JON C. OGG

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