Top Analyst Upgrades & Downgrades (AIG, ADI, ARNA, COP, DMD, DOW, FOSL, HSY, JIVE, MRVL, MELI, PSX, QIHU, UBNT, YOKU)

Investing

Published: May 9, 2012 8:24 am

Last Updated: April 28, 2020 8:15 am

These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday.

American International Group, Inc. (NYSE: AIG) Raised to Buy at Goldman Sachs.

Analog Devices, Inc. (NASDAQ: ADI) Cut to Neutral at UBS.

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) Raised to Outperform at BMO.

ConocoPhillips (NYSE: COP) Resumed as Neutral at Credit Suisse.

Demand Media, Inc. (NYSE: DMD) Raised to Buy at Citigroup.

The Dow Chemical Company (NYSE: DOW) Raised to Overweight at Morgan Stanley.

Fossil, Inc. (NASDAQ: FOSL) Cut to Neutral at JPMorgan.

The Hershey Company (NYSE: HSY) Raised to Buy at Argus.

Jive Software, Inc. (NASDAQ: JIVE) Started as Hold at Needham

Marvell Technology Group Ltd. (NASDAQ: MRVL) Cut to Neutral at UBS.

Mercadolibre, Inc. (NASDAQ: MELI) Cut to Market Perform at Raymond James.

Phillips 66 (NYSE: PSX) Started as Outperform at Credit Suisse.

Qihoo 360 Technology Co. Ltd (NYSE: QIHU) Started as Buy at ThinkEquity.

Ubiquiti Networks, Inc. (NASDAQ: UBNT) Started as Outperform at Wedbush (late Tuesday call).

Youku Inc. (NYSE: YOKU) Started as Hold at ThinkEquity.

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