Top Analyst Upgrades and Downgrades (APD, BERY, CL, CXS, DOW, FFIV, FMS, IMGN, LF, MCP, NS, OMC, PDLI, REGN, SGEN, WU, WY, XOMA)

These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday.

Air Products & Chemicals Inc. (NYSE: APD) raised to Buy at Goldman Sachs.

Berry Plastics Group Inc. (NYSE: BERY) started as Buy at Goldman Sachs.

Colgate-Palmolive Co. (NYSE: CL) reiterated Buy and Focus List with $118 target at Argus.

Crexus Investment Corp. (NYSE: CXS) cut to Neutral at JPMorgan and cut to Hold at Deutsche Bank..

Dow Chemical Co. (NYSE: DOW) raised to Buy at Goldman Sachs.

F5 Networks Inc. (NASDAQ: FFIV) raised to Buy at Goldman Sachs.

Fresenius Medical Care A.G. (NYSE: FMS) raised to Conviction Buy List at Goldman Sachs.

ImmunoGen Inc. (NASDAQ: IMGN) started as Equal Weight at Morgan Stanley.

LeapFrog Enterprises Inc. (NYSE: LF) named as Value stock of the day at Zacks.

Molycorp Inc. (NYSE: MCP) cut to Equal Weight at Morgan Stanley.

NuStar Energy L.P. (NYSE: NS) raised to Neutral at Credit Suisse.

Omnicom Group Inc. (NYSE: OMC) reiterated Buy with $56 target at Argus.

PDL BioPharma (NASDAQ: PDLI) started as Neutral at Credit Suisse.

Regeneron Pharmaceuticals Inc. (NASDAQ: REGN) started as Outperform at Credit Suisse.

Seattle Genetics Inc. (NASDAQ: SGEN) Started as Outperform at Credit Suisse.

Western Union Co. (NYSE: WU) cut to Underperform as Bear of the Day at Zacks.

Weyerhaeuser Co. (NYSE: WY) raised to Outperform as Bull of the Day at Zacks.

XOMA Corp. (NASDAQ: XOMA) started as Outperform at Credit Suisse.

JON C. OGG