Top Analyst Upgrades & Downgrades (AEO, ADI, MT, BCS, CSCO, DMND, FSLR, FWLT, FITB, HSY, PLCM, ROST, STX, SYMC, TWGP, MTN, WDC)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning.

American Eagle Outfitters, Inc. (NYSE: AEO) Cut to Hold at Jefferies.
Analog Devices Inc. (NYSE: ADI) Reiterated Buy and $50 target at Gleacher & Co.
ArcelorMittal (NYSE: MT) Raised to Hold at S&P Equity Research.
Barclays plc (NYSE: BCS) Raised to Buy at Citigroup.
Cisco Systems, Inc. (NASDAQ: CSCO) Cut to Hold at Canaccord Genuity; Cut to Neutral at Baird.
Diamond Foods, Inc. (NASDAQ: DMND) Started as Buy at Deutsche Bank.
First Solar, Inc. (NASDAQ: FSLR) Reiterated Buy and $160 target at Auriga.
Foster Wheeler AG (NASDAQ: FWLT) Reiterated Outperform and raised target to $47 at Credit Suisse.
Fifth Third Bancorp (NASDAQ: FITB) Started as Overweight at Morgan Stanley.
Hershey Co. (NYSE: HSY) Raised to Buy at Argus.
Polycom, Inc. (NASDAQ: PLCM) Raised to Outperform as Bull of the Day at Zacks.
Ross Stores Inc. (NASDAQ: ROST) Started as Buy at UBS; Raised to Hold at Jefferies.
Seagate Technology PLC (NYSE: STX) Started as Buy at Auriga.
Symantec Corporation (NASDAQ: SYMC) Raised to Neutral at BofA/ML.
Tower Group, Inc. (NASDAQ: TWGP) Maintained Underperform as Bear of the Day at Zacks.
Vail Resorts Inc. (NYSE: MTN) Cut to Neutral at BofA/ML.
Western Digital Corp. (NYSE: WDC) Started as Buy at Auriga.

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JON C. OGG