Top Analyst Upgrades & Downgrades (CELG, CIM, GLW, DFS, EA, FB, JEF, KMB, LAZ, MSI, ONXX, PBY, RL, RGR, SXCI, TROW, MRK, ILMN, PG)

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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.

Celgene Corporation (NASDAQ: CELG) Maintained Buy with target of $73.00 at Cantor Fitzgerald; Maintained Neutral with $75 target at Credit Suisse.

Chimera Investment Corporation (NYSE: CIM) Cut to Underweight at Barclays.

Corning Inc. (NYSE: GLW) Raised to Neutral at JPMorgan.

Discover Financial Services (NYSE: DFS) named Bull of the Day at Zacks; Reiterated Buy at Argus.

Electronic Arts (NASDAQ: EA) Cut to Neutral at Citigroup.

Facebook, Inc. (NASDAQ: FB) Started as Buy at Nomura.

Jefferies Group, Inc. (NYSE: JEF) Started as Neutral at Goldman Sachs.

Kimberly-Clark Corporation (NYSE: KMB) Raised to Buy with $92 target at Argus.

Lazard Ltd. (NYSE: LAZ) at Neutral with $24.50 target at Goldman Sachs.

Motorola Solutions Inc. (NYSE: MSI) Reiterated Buy with $60 target at Argus.

Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) Raised to Equalweight at Morgan Stanley.

Pep Boys-Manny, Moe & Jack Inc. (NYSE: PBY) Raised to Buy with $12 target at Argus.

Ralph Lauren Corporation (NYSE: RL) Started as Neutral at JPMorgan.

Sturm, Ruger & Company, Inc. (NYSE: RGR) named as Value Stock of the Day at Zacks.

SXC Health Solutions Corp. (NASDAQ: SXCI) Raised to Outperform at Credit Suisse.

T. Rowe Price Group Inc. (NASDAQ: TROW) Started as Buy with $72 target at Argus.

CREDIT SUISSE FOCUS LIST CHANGES: Added Merck & Co. (NYSE: MRK) and Illumina Inc. (NASDAQ: ILMN); Removed Procter & Gamble (NYSE: PG).

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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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