Investing

Top Analyst Upgrades & Downgrades (ALU, AEP, ARNA, BYD, CHL, CHU, KO, CVH, SJM, FCS, GENZ, ITRI, MU, STM, TXN)

There are many big analyst calls this Monday.  These are some of this morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls:

Alcatel-Lucent (NYSE: ALU) Maintained Neutral but target lowered to 2.40(EUR) at Goldman Sachs; Started as Buy at Deutsche Bank.
American Electric Power Co., Inc. (NYSE: AEP) Cut to Perform at Oppenheimer.
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) Cut to Neutral at JPMorgan.
Boyd Gaming Corp. (NYSE: BYD) Raised to Hold at Jefferies.
China Mobile Limited (NYSE: CHL) Started as Neutral at JPMorgan.
China Unicom Hong Kong Limited (NYSE: CHU) Started as Overweight at JPMorgan.
The Coca-Cola Company (NYSE: KO) Raised to Overweight at JPMorgan.
Coventry Health Care Inc. (NYSE: CVH) Raised to Outperform at Leerink Swann.
The J.M. Smucker Company (NYSE: SJM) Cut to Hold at Jefferies.
Fairchild Semiconductor International Inc. (NYSE: FCS) Cut to Neutral at Baird.
Genzyme Corporation (NASDAQ: GENZ) Cut to Hold at Citigroup.
Itron, Inc. (NASDAQ: ITRI) Cut to Underperform at Macquarie.
Micron Inc. (NASDAQ: MU) Cut to Neutral at Baird; Reiterated Buy at Auriga.
STMicroelectronics NV (NYSE: STM) Cut to Neutral at Baird.
Texas Instrumenst Inc. (NYSE: TXN) Cut to Neutral at Baird.

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JON C. OGG

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