Investing

Top Analyst Upgrades & Downgrades (AMGN, AAPL, CAP, DFS, NDRO, ITMN, LLTC, ERIC, M, MTOR, NTRS, OCN, RIMM, SCCO)

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

Amgen Inc. (NASDAQ: AMGN) Raised to Neutral with $57.00 price target objective by Goldman Sachs.
Apple Inc. (NASDAQ: AAPL) was given an outrageous prediction as a possibility of a 50% correction by Saxo Bank.
CAI International Inc. (NYSE: CAP) named as the value stock of the day at Zacks Investment Research.
Discover Financial Services (NYSE: DFS) Raised to Buy at Stifel Nicolaus.
Enduro Royalty Trust (NYSE: NDRO) Started as Outperform at Keefe Bruyette & Woods.
InterMune Inc. (NASDAQ: ITMN) maintained Outperform at Credit Suisse after yesterday’s weakness but the report noted “We would NOT be buyers on weakness right now.” Also on InterMune, Canaccord Genuity reiterated a Buy rating but lowered its price target to $23.00 per share.
Linear Technology Corporation (NASDAQ: LLTC) Raised to Outperform from Perform at Oppenheimer.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Cut to Neutral at UBS.
Macy’s, Inc. (NYSE: M) named as Bull of the Day at Zacks Investment Research.
Meritor, Inc. (NASDAQ: MTOR) Maintained as Underperform and named the Bear of the Day at Zacks Investment Research.
Northern Trust Corporation (NASDAQ: NTRS) Started as Market Perform at Wells Fargo.
Ocwen Financial Corp. (NYSE: OCN) Started as Buy with a $16.50 price target objective at Bank of America Merrill Lynch.
Research in Motion Limited (NASDAQ: RIMM) Cut to Market Perform at BMO Capital Markets; maintained Hold at Needham; maintained Neutral at Credit Suisse; Lower target by Deutsche Bank; maintained Hold and lowered target to $15 at Canaccord Genuity.
Southern Copper Corporation (NYSE: SCCO) resumed with an Equal Weight rating and a $35.00 price target objective at Morgan Stanley.


JON C. OGG

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