Top Analyst Upgrades & Downgrades (AAPL, ATML, CTXS, CMI, ENZN, HD, HBC, PFCB, PLD, RSH, RS, RIMM, SCCO, S, TXN, XLNX)

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

Apple Inc. (NASDAQ: AAPL) Reiterated Buy with $415 target at Argus; Reiterated Buy and raised target to $485 at Canaccord Genuity.
Atmel Corporation (NASDAQ: ATML) Reiterated Buy with $17 target at Gleacher & Co.
Citrix Systems, Inc. (NASDAQ: CTXS) Cut to Underweight at JPMorgan after being raised to Outperform as Bull of the Day on Monday by Zacks.
Cummins Inc. (NYSE: CMI) Maintained Outperform as Bull of the Day at Zacks.
Enzon Pharmaceuticals Inc. (NASDAQ: ENZN) Cut to Underperform as Bear of the Day at Zacks.
The Home Depot, Inc. (NYSE: HD) Started as Overweight at Barclays.
HSBC Holdings (NYSE: HBC) Cut to Neutral at Credit Suisse.
P.F. Chang’s China Bistro (NASDAQ: PFCB) Raised to Neutral at Credit Suisse.
ProLogis (NYSE: PLD) Raised to Buy at BofA/ML.
RadioShack Corp. (NYSE: RSH) Started as Underweight at Barclays.
Reliance Steel & Aluminum Company (NYSE: RS) Maintained Strong Buy as Value at Zacks.
Research In Motion Limited (NASDAQ: RIMM) Cut to Market Perform at Morgan Keegan.
Southern Copper Corp. (NYSE: SCCO) Cut to Hold at Citi.
Sprint Nextel Corp. (NYSE: S) Cut to Sell at Stifel Nicolaus.
Texas Instruments Inc. (NYSE: TXN) Reiterated Buy with $43 target at Gleacher & Co.
Xilinx Inc. (NASDAQ: XLNX) Raised to Neutral at Goldman Sachs.

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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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