Investing

Top Analyst Upgrades and Downgrades (AMAT, BBY, EXPE, FCX, KLAC, LXK, MPEL, NUE, RADS, SAP, X, VCLK)

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

Applied Materials Inc. (NASDAQ: AMAT) Started as Underperform at BNP Paribas.
Best Buy Co. Inc. (NYSE: BBY) Raised to Outperform at Oppenheimer.
Expedia Inc. (NASDAQ: EXPE) Cut to Neutral at Susquehanna.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) Raised to Buy at Goldman Sachs.
KLA-Tencor Corporation (NASDAQ: KLAC) Started as Equal-weight at BNP Paribas.
Lexmark International (NYSE: LXK) Started At Neutral By Susquehanna
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) Raised Target at Citigroup.
Nucor (NYSE: NUE) Cut to Neutral at Goldman Sachs.
Radiant Systems Inc. (NASDAQ: RADS) Started as Buy at Jefferies.
SAP AG (NYSE: SAP) Raised to Equal-Weight at Morgan Stanley.
U.S. Steel Corporation (NYSE: X) Cut to Neutral at Goldman Sachs.
ValueClick, Inc. (NASDAQ: VCLK) Raised to Buy at Benchmark Capital.

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JON C. OGG

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