Top Analyst Upgrades & Downgrades (AMD, AXP, APO, BPI, COF, LNG, CQP, JCP, LTD, LNKD, MM, NWSA, NCT, NTRS, LUV, STT, AMTD, TIVO, TROW, TSN, AAPL, PCX, ANR, CNX)

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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.

Advanced Micro Devices. Inc. (NYSE: AMD) Maintained Neutral and cut target to $6 at Credit Suisse; Maintained Buy but cut estimates at Canaccord Genuity.

American Express Company (NYSE: AXP) Raised to Buy at Nomura.

Apollo Global Management LLC (NYSE: APO) Started as Buy and $16 target at Argus.

Bridgepoint Education (NYSE: BPI) Cut to Market Perform at William Blair.

Capital One Financial Corp. (NYSE: COF) Cut to Neutral at Nomura.

Cheniere Energy (NYSEMKT: LNG) Started as Equal-weight at Barclays.

Cheniere Energy Partners (NYSEMKT: CQP) Started as Underweight at Barclays.

JC Penney (NYSE: JCP) Maintained Neutral and Cut estimates at Credit Suisse.

Limited Brands Inc. (NYSE: LTD) Cut to Hold at Argus.

LinkedIn Corporation (NASDAQ: LNKD) Maintained Buy with $135 target at Canaccord Genuity.

Millennial Media Inc. (NYSE: MM) Started as Outperform at Oppenheimer.

News Corp. (NASDAQ: NWSA) Maintained Hold at Argus.

Newcastle Investment Corp. (NYSE: NCT) Started as Outperform with $7.50 target at Credit Suisse.

Northern Trust Corporation (NASDAQ: NTRS) Raised to Buy at Goldman Sachs

Southwest Airlines Co. (NYSE: LUV) Raised to Buy at Stern Agee.

State Street Corporation (NYSE: STT) Cut to Neutral at Goldman Sachs.

TD Ameritrade Holding Corporation (NYSE: AMTD) Cut to Sell at Goldman Sachs.

Tivo Inc. (NASDAQ: TIVO) Started as Overweight at Barclays.

T. Rowe Price (NASDAQ: TROW) Raised to Buy at BofA/ML.

Tyson Foods Inc. (NYSE: TSN) Cut to Neutral at JPMorgan.

David Einhorn on CNBC called Apple Inc. (NASDAQ: AAPL) an extremely undervalued company which could be worth $1 trillion.

Nomura changes to Coal Sector: Patriot Coal Corp. (NYSE: PCX) maintained as Reduce with $5 target on bankruptcy; beneficiary companies include Alpha Natural Resources (NYSE: ANR) and CONSOL Energy (NYSE: CNX).

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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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