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Top Analyst Upgrades & Downgrades (ALTR, BK, BRCM, CTIC, CLWR, COP, DG, GFI, HTS, KR, NTES, NVAX, RAX)
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These are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls.
Altera Corporation (NASDAQ: ALTR) Cut to Neutral at Baird.
Bank of New York-Mellon (NYSE: BK) named as Bear of the Day at Zacks.
Broadcom Corporation (NASDAQ: BRCM) Raised to Outperform at Baird.
Cell Therapeutics, Inc. (NASDAQ: CTIC) named as Bull of the Day at Zacks.
Clearwire Corporation (NASDAQ: CLWR) was Underperform and has been dropped from coverage by BofA/ML as fundamentals are not driving the shares.
ConocoPhillips (NYSE: COP) Reiterated Buy with $85 target on Focus List at Argus.
Dollar General Corporation (NYSE: DG) reiterated strong buy as Momentum stock of the day at Zacks.
Gold Fields Limited (NYSE: GFI) named as Value stock of the day at Zacks.
Hatteras Financial Corporation (NYSE: HTS) Cut to Neutral at Macquarie.
The Kroger Co. (NYSE: KR) Cut to Hold at Jefferies.
NetEase.com, Inc. (NASDAQ: NTES) Raised to Overweight at Piper Jaffray.
Novavax, Inc. (NASDAQ: NVAX) Started as Buy at Ladenburg Thalmann.
Rackspace Hosting, Inc (NYSE: RAX) Raised to Buy at Goldman Sachs, but reportedly Downgraded to Hold at a firm called Benchmark.
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