Top Analyst Upgrades & Downgrades (ADBE, ALU, ARMH, BBBY, BP, BRCM, BRCD, LFC, DISCA, EIX, FFIV, LPS, ERIC, M, NKA, ORCL, SLM, HOT)

Adobe Systems Inc. (NASDAQ: ADBE) Cut to Underperform at RBC.
Alcatel-Lucent (NYSE: ALU) Reiterated Hold at Argus.
ARM Holdings plc (NASDAQ: ARMH) Cut to Underperform at BofA/ML.
Bed Bath & Beyond, Inc. (NASDAQ: BBBY) Raised to Outperform at Oppenheimer.
BP plc (NYSE: BP) Cut to Neutral at Goldman Sachs.
Broadcom Corp. (NASDAQ: BRCM) Started as Market Perform at William Blair.
Brocade Communications Systems, Inc. (NASDAQ: BRCD) Reiterated Hold and Cut estimates at Argus.
China Life Insurance Co. Ltd. (NYSE: LFC) Raised to Outperform at Credit Suisse.
Discovery Communications, Inc. (NASDAQ: DISCA) Raised to Buy at Citigroup.
Edison International (NYSE: EIX) Raised to Outperform at Credit Suisse.
F5 Networks, Inc. (NASDAQ: FFIV) Raised to Outperform at William Blair.
Lender Processing Services (NYSE: LPS) named Bear of the Day at Zacks.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Raised to Buy at BofA/ML.
Macy’s, Inc. (NYSE: M) Reiterated Buy as Value at Zacks.
Niska Gas Storage Partners LLC (NYSE: NKA) Cut to Sector Perform at RBC.
Oracle Corporation (NASDAQ: ORCL) Cut to Sector Perform at RBC.
SLM Corporation (NYSE: SLM) Raised to Outperform as Bull of the Day at Zacks.
Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) Cut to Hold at Jefferies.

• Thursday’s top analyst upgrades, downgrades and initiations were in AAP, ADM, COF, CVX, CSCO, CREE, IDTI, ISRG, KGC, NOV, NYX, TEVA, TDW, WYN.

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JON C. OGG