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Top Analyst Upgrades & Downgrades (ALU, ALTR, AMZN, MT, BX, CLF, DFS, ENDP, KIRK, ERIC, M, MCD, NOK, POT, LEDS)

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By Jon C. Ogg Updated Published
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Jon Ogg
These are the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning.

Alcatel-Lucent (NYSE: ALU) Raised to Overweight at Morgan Stanley.
Altera Corporation (NASDAQ: ALTR) Raised to Buy at Auriga.
Amazon.com Inc. (NASDAQ: AMZN) Maintained Hold at Argus.
ArcelorMittal (NYSE: MT) Raised to Hold at SocGen.
Blackstone Group LP (NYSE: BX) Reiterated Buy at BofA/ML.
Cliffs Natural Resources Inc. (NYSE: CLF) Started as Buy at BB&T.
Discover Financial Services (NYSE: DFS) named as Bull of the Day at Zacks.
Endo Pharmaceuticals Holdings Inc. (NASDAQ: ENDP) Reiterated Buy and raised target to $48 at BofA/ML.
Kirkland’s, Inc. (NASDAQ: KIRK) named as Bear of the Day at Zacks.
LM Ericsson (NASDAQ: ERIC) Raised to Equal-Weight at Morgan Stanley.
Macy’s, Inc. (NYSE: M) Reiterated as Outperform and Top Pick at Credit Suisse.
McDonald’s Corporation (NYSE: MCD) Maintained Buy with $88 target at Argus.
Nokia Corp. (NYSE: NOK) Cut to Underweight at Morgan Stanley.
Potash Corp. of Saskatchewan (NYSE: POT) Reiterated Outperform and raised target to $65 at CIBC.
SemiLEDs Corporation (NASDAQ: LEDS) Cut to Hold at Canaccord Genuity.

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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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