Top Analyst Upgrades & Downgrades (ADTN, LNT, AEP, AMLN, BCS, BRCM, EXPD, HLS, HES, MRO, IM, IDCC, INTX, LL, NTGR, RIMM, STO, SUP, VMED, QCOM, INTC, BBBY, AAPL)

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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 Tuesday.

ADTRAN Inc. (NASDAQ: ADTN) Cut to Equal-weight at Barclays.

Alliant Energy Corp. (NYSE: LNT) Reiterated Buy and raised target to $52 at Argus.

American Electric Power Co. (NYSE: AEP) Raised to Overweight at Morgan Stanley.

Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) Raised to Equal-weight at Morgan Stanley.

Barclays PLC (NYSE: BCS) Cut to Hold at Deutsche Bank.

Broadcom Corp. (NASDAQ: BRCM) Reiterated Buy with $46 target at Argus.

Expeditors International (NASDAQ: EXPD) named as Bear of the Day at Zacks.

HealthSouth Corporation (NYSE: HLS) Started as Buy at UBS.

Hess Corporation (NYSE: HES) added to Top Pick List with Marathon Oil Corporation (NYSE: MRO) being removed from the list at BofA/ML.

Ingram Micro Inc. (NYSE: IM) Cut to Market Perform at Raymond James.

InterDigital, Inc. (NASDAQ: IDCC) Cut to Equal-weight at Barclays.

Intersections, Inc. (NASDAQ: INTX) named value stock of the day at Zacks.

Lumber Liquidators Holdings, Inc. (NYSE: LL) Cut to Hold at KeyBanc.

Netgear (NASDAQ: NTGR) Raised to Overweight at Barclays.

Research in Motion Ltd. (NASDAQ: RIMM) Cut to Underweight at Barclays.

Statoil ASA (NYSE: STO) Started as Neutral at BofA/ML.

Superior Industries (NYSE: SUP) named Bull of the Day at Zacks.

Virgin Media (NASDAQ: VMED) Reiterated Buy with $33 target at Canaccord Genuity.

CHANGES MADE to Argus institutional portfolio: QUALCOMM Inc. (NASDAQ: QCOM) replacing Intel Corporation (NASDAQ: INTC); Bed Bath & Beyond (NASDAQ: BBBY) added to list; Apple Inc. (NASDAQ: AAPL) is still 2.7% of the portfolio but Argus has taken out 1/4 of the position based upon performance and valuation.

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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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