Top Analyst Upgrades & Downgrades (AMD, AMZN, BX, CAH, CLS, DRQ, ITMN, JBL, KKR, OKS, VLO)

These are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls.

Advanced Micro Devices, Inc. (NYSE: AMD) Cut to Underperform at BofA/ML; Maintained Buy but cut target to $7 at Canaccord Genuity.
Amazon.com Inc. (NASDAQ: AMZN) Maintained Buy with $255 target at BofA/ML.
The Blackstone Group (NYSE: BX) Started as Neutral at Stern Agee.
Cardinal Health, Inc. (NYSE: CAH) named Bull of the Day at Zacks.
Celestica Inc. (NYSE: CLS) Started as Market Perform at BMO.
Dril-Quip, Inc. (NYSE: DRQ) Cut to Neutral at JPMorgan.
InterMune, Inc. (NASDAQ: ITMN) Reiterated Buy with $44 target at Canaccord Genuity.
Jabil Circuit Inc. (NYSE: JBL) Reiterated Buy and $24 target at Argus.
Kohlberg Kravis Roberts & Co. (NYSE: KKR) Started as Buy at Stern Agee.
ONEOK Partners. LP (NYSE: OKS) Raised to Outperform at Credit Suisse.
Valero Energy Corporation (NYSE: VLO) named as value stock of the day at Zacks.

JON C. OGG