Top Analyst Upgrades and Downgrades (AMT, CAT, F, GM, HSH, EDU, NS, PSX, ROVI, SKS, SFLY, LUV, HOT, TSLA, TIF, VVUS, WFM)

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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 St. research calls this Wednesday.

American Tower Corp. (NYSE: AMT): Cut to Neutral at Citigroup.

Caterpillar Inc. (NYSE: CAT): Cut to Hold at Jefferies.

Ford Motor Co. (NYSE: F): Started as Overweight at JPMorgan.

General Motors Corp. (NYSE: GM): Started as Overweight at JPMorgan.

Hillshire Brands Co. (NYSE: HSH): Raised to Outperform at Credit Suisse.

New Oriental Education & Technology Group (NYSE: EDU): Cut to Perform at Oppenheimer.

NuStar Energy, L.P. (NYSE: NS): Named as Bear of the Day at Zacks.

Phillips 66 (NYSE: PSX): Started as Buy at Argus.

Rovi Corp. (NASDAQ: ROVI) warned yesterday and shares are way down; we have seen downgrades to Neutral and the equivalent ratings from JPMorgan, BMO Capital Markets and Piper Jaffray.

Saks Inc. (NYSE: SKS): Cut to Sell at Goldman Sachs.

Shutterfly, Inc. (NASDAQ: SFLY): Started as Buy at BofA/ML.

Southwest Airlines (NYSE: LUV): Raised to Outperform as Bull of the Day at Zacks.

Starwood Hotels & Resorts Inc. (NYSE: HOT): Cut to Hold at Argus.

Tesla Motors, Inc. (NASDAQ: TSLA): Cut to Sell at Wunderlich.

Tiffany & Co. (NYSE: TIF): Raised to Buy at Goldman Sachs.

VIVUS Inc. (NASDAQ: VVUS): Raised to Hold at Jefferies.

Whole Foods Market Inc. (NASDAQ: WFM): Cut to Perform at Williams Capital.

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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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