Top Analyst Upgrades & Downgrades (AEO, AVP, BONT, CSCO, CORT, JNPR, KMI, LEN, LULU, NTAP, PHM, QCOM, RVBD, SD, STI, RIG, VE)

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By Jon C. Ogg Updated Published
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Jon Ogg
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday.

American Eagle Outfitters (NYSE: AEO) named Bull of the Day at Zacks.

Avon Products, Inc. (NYSE: AVP) named Bear of the Day at Zacks.

The Bon-Ton Stores. Inc. (NASDAQ: BONT) Raised to Neutral at Credit Suisse.

Cisco Systems, Inc. (NASDAQ: CSCO) Started as Buy at Citigroup.

Corcept Therapeutics (NASDAQ: CORT) Started as Outperform with $6 target at Credit Suisse.

Juniper Networks Inc. (NYSE: JNPR) Started as Buy at Citigroup.

Kinder Morgan Inc. (NYSE: KMI) Raised to Overweight at Morgan Stanley.

Lennar Corp. (NYSE: LEN) Cut to Sell from Neutral at Citigroup.

Lululemon Athletica Inc. (NASDAQ: LULU) Maintained outperform but lowered estimates at Credit Suisse.

NetApp Inc. (NASDAQ: NTAP) Cut to Equal-Weight at Barclays.

PulteGroup (NYSE: PHM) Raised to Buy at Citigroup.

Qualcomm Inc. (NASDAQ: QCOM) Reiterated Buy with $80 target at Argus.

Riverbed Technology, Inc. (NASDAQ: RVBD) Started as Buy at Citigroup.

SandRidge Energy, Inc. (NYSE: SD) Started as Outperform at RBC Capital.

SunTrust Banks Inc. (NYSE: STI) Raised to Buy with $30 target at Argus.

Transocean Ltd. Co. (NYSE: RIG) Reiterated Hold but raised estimates at Argus.

Veolia Environnement S.A. (NYSE: VE) Started as Overweight at Barclays.

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JON C. OGG

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

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