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Top 10 Analyst Upgrades and Downgrades (ACI, BCSI, BWLD, CREE, CTCM, EQY, MEE, PMI, POT, SKS)
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These are some of the top analyst upgrades, downgrades, and initiations seen in Wall Street research notes this Wednesday morning:
Arch Coal Inc. (NYSE: ACI) Raised to Overweight at HSBC.
Blue Coat Systems Inc. (NASDAQ: BCSI) Raised to Buy at Needham.
Buffalo Wild Wings, Inc. (NASDAQ: BWLD) Started as Buy at Morgan Joseph.
Cree Inc. (NASDAQ: CREE) Started as Hold at Kaufman.
CTC Media, Inc. (NASDAQ: CTCM) Raised to Buy at Deutsche Bank.
Equity One Inc. (NYSE: EQY) Started at Market Perform a KBW.
Massey Energy Co. (NYSE: MEE) Raised to Overweight at HSBC.
PMI Group Inc. (NYSE: PMI) Cut to Strong Sell at S&P Equity (late Tuesday call).
Potash Corp. of Saskatchewan (NYSE: POT) Cut to Hold at Stifel Nicolaus.
Saks Incorporated (NYSE: SKS) Cut to Neutral at JPMorgan.
Can you believe it is September already?
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JON C. OGG
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