Top Analyst Upgrades/Downgrades (ABB, ACTU, BP, CMI, RDY, XOM, ERIC, MMM, MPEL, MSFT, NBS, NOK, RIMM, WERN, WDC)

These are some of the top research calls for analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday:

ABB Ltd. (NYSE: ABB) Cut to Sell at Societe Generale.
Actuate Corporation (NASDAQ: ACTU) Raised to Buy at Roth Capital.
BP plc (NYSE: BP) Maintained Buy at Citigroup.
Cummins Inc. (NYSE: CMI) Added to Conviction Buy List at Goldman Sachs.
Dr. Reddy’s Lab (NYSE: RDY) Raised to Overweight at Morgan Stanley.
Exxon Mobil Corp. (NYSE: XOM) Cut to Hold at Deutsche Bank.
LM Ericsson Telephone (NASDAQ: ERIC) Raised to Equal-Weight at Barclays.
3M Co. (NYSE: MMM) Removed from Conviction Buy List at Goldman Sachs.
Melco Crown Entertainment (NASDAQ: MPEL) Started as Hold at Daiwa Securities.
Microsoft Corporation (NASDAQ: MSFT) Started as Buy at Standpoint.
Neostem Inc. (AMEX: NBS) Cut to Hold at Roth Capital.
Nokia Corporation (NASDAQ: NOK) Raised to Overweight at Barclays.
Research in Motion Limited (NASDAQ: RIMM) Cut to Negative at Susquehanna.
Werner Enterprises (NASDAQ: WERN) Raised to Outperform at Wells Fargo.
Western Digital Corporation (NYSE: WDC) Cut to Neutral at Robert W. Baird.

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JON C. OGG