Top Analyst Upgrades and Downgrades (ACN, AKS, NLY, BBVA, BLMN, LNG, CLF, DB, DFS, LM, NFLX, OPEN, PSX, GOLD, TM, TSLA, X, UA, WFC, CMO, CYS, HTS, IVR)

Accenture PLC (NYSE: ACN) reiterated Buy with $74 target at Argus.

AK Steel Holding Corp. (NYSE: AKS) cut to Neutral at JPMorgan.

Annaly Capital Management Inc. (NYSE: NLY) cut to Neutral at JPMorgan.

Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) cut to Underperform at BNP Paribas.

Bloomin’ Brands Inc. (NASDAQ: BLMN) started as Buy at BofA/ML, started as Buy at Goldman Sachs, started as Buy at Jefferies, started as Overweight at JPMorgan, started as Overweight at Morgan Stanley and started as Outperform at Raymond James.

Cheniere Energy Inc. (NYSEMKT: LNG) reiterated Outperform and raised target to $22 at Credit Suisse.

Cliffs Natural Resources Inc. (NYSE: CLF) cut to Neutral at JPMorgan.

Deutsche Bank A.G. (NYSE: DB) cut to Underperform at Credit Suisse.

Discover Financial (NYSE: DFS) cut to Hold at Stifel Nicolaus.

Legg Mason Inc. (NYSE: LM) cut to Hold at Jefferies.

Netflix Inc. (NASDAQ: NFLX) started as Underperform at Macquarie.

OpenTable Inc. (NASDAQ: OPEN) cut to Neutral at Piper Jaffray.

Phillips 66 (NYSE: PSX) cut to Neutral at Citigroup.

Randgold Resources Ltd. (NASDAQ: GOLD) raised to Neutral at Citigroup.

Toyota Motor Corp. (NYSE: TM) named Bull of the Day at Zacks.

Tesla Motors Inc. (NASDAQ: TSLA) raised to Overweight at Morgan Stanley.

United States Steel Corp. (NYSE: X) cut to Neutral at JPMorgan.

Under Armour Inc. (NYSE: UA) cut to Hold at Argus.

Wells Fargo & Co. (NYSE: WFC) cut to Hold at Stifel Nicolaus.

FBR Capital Markets downgrades mortgage REITs: Capstead Mortgage Corp. (NYSE: CMO) cut to Market Perform, CYS Investments (NYSE: CYS) cut to Market Perform, Hatteras Financial Corp (NYSE: HTS) cut to Market Perform and Invesco Mortgage Capital Inc. (NYSE: IVR) cut to Market Perform.

JON C. OGG