Top Analyst Upgrades and Downgrades (AMD, BIDU, CHC, GLW, CTRP, CSX, DISCA, FSLR, GME, HON, HGSI, KEY, NSC, PWRD, SVVS, SHLD, SINA, SBIB)

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By Jon C. Ogg Updated Published
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These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.

Advanced Micro Devices, Inc. (NYSE: AMD) Cut to Market Perform at JMP Securities.
Baidu, Inc. (NASDAQ: BIDU) Started as Buy at Stifel Nicolaus.
China Hydroelectric Corp. (NYSE: CHC) Started as Buy at Roth Capital.
Corning Inc. (NYSE: GLW) Cut to Perform at Oppenheimer.
Ctrip.com International (NASDAQ: CTRP) Started as Buy at Stifel Nicolaus.
CSX Corp. (NYSE: CSX) Raised to Neutral at Goldman Sachs.
Discovery Communications (NASDAQ: DISCA) Raised to Outperform at Cowen.
First Solar Inc. (NASDAQ: FSLR) Cut to Neutral at Credit Suisse.
GameStop Corporation (NYSE: GME) Raised to Outperform at Credit Suisse.
Honeywell International Inc. (NYSE: HON) Raised to Outperform at RBC.
Human Genome Sciences, Inc. (NASDAQ: HGSI) Cut to Hold at Citi; Cut to Underperform at BofA/ML.
KeyCorp (NYSE: KEY) Cut to Neutral at Credit Suisse.
Norfolk Southern Corp. (NYSE: NSC) Cut to Sell at Goldman Sachs.
Perfect World Co., Ltd. (NASDAQ: PWRD) Cut to Sell at Citi; Cut to Underperform at Credit Suisse.
SAVVIS Inc. (NASDAQ: SVVS) Raised to Buy at Kaufman Bros.
Sears Holdings Corporation (NASDAQ: SHLD) Maintain Underperform but Cut target to $55 at Credit Suisse.
Sina Corp. (NASDAQ: SINA) Started as Buy at Stifel Nicolaus.
Sterling Bancshares, Inc. (NASDAQ: SBIB) Cut to Perform at Oppenheimer.

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JON C. OGG

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

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