Top Analyst Upgrades & Downgrades (AIB, AMAT, IRE, ENR, FCEL, GEOY, HBC, SNN, TEF, VVUS, WX)

These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls:

Allied Irish Bank Group (NYSE: AIB) Cut to Hold and Target Cut to 1.02 (Euro) at RBS; Started as Outperform at Credit Suisse.
Applied Materials Inc. (NASDAQ: AMAT) Cut to Neutral at UBS.
Bank of Ireland (NYSE: IRE) Started as Outperform at Credit Suisse.
Energizer Holdings Inc. (NYSE: ENR) Raised to Overweight at Morgan Stanley.
FuelCell Energy Inc. (NASDAQ: FCEL) Started as Hold at Needham.
GeoEye, Inc. (NASDAQ: GEOY) Cut to Neutral at JPMorgan.
HSBC Holdings plc (NYSE: HBC) Cut to Hold at RBS.
Smith & Nephew plc (NYSE: SNN) Cut to Equal-weight at Morgan Stanley.
Telefonica, S.A. (NYSE: TEF) Cut to Hold at Citigroup.
VIVUS Inc. (NASDAQ: VVUS) Cut to Sell at Brean Murray.
WuXi PharmaTech Inc. (NYSE: WX) Raised to Buy at Jefferies.

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JON C. OGG