Top Analyst Upgrades and Downgrades (AMP, AZO, BHI, CELG, DDS, EMC, FRT, GNW, HAL, MYL, NOC, NYX, PNK, RTN, SNH, SBY, LUV, JBLU, MET, HIG)

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By Jon C. Ogg Updated Published
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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research firms this Tuesday.

Ameriprise Financial Inc. (NYSE: AMP) cut to Neutral at Credit Suisse.

AutoZone Inc. (NYSE: AZO) cut to Underweight at Morgan Stanley.

Baker Hughes Inc. (NYSE: BHI) cut to Neutral at Stern Agee.

Celgene Corp. (NASDAQ: CELG) raised to Overweight at Piper Jaffray, raised to Outperform at RBC and reiterated Buy and raised target to $95 at Argus.

Dillard’s Inc. (NYSE: DDS) maintained Outperform and named Bull of the Day at Zacks.

EMC Corp. (NYSE: EMC) cut to Market Perform at William Blair.

Federal Realty Investment Trust (NYSE: FRT) cut to Market Perform at Raymond James.

Genworth Financial Inc. (NYSE: GNW) cut to Underperform at Credit Suisse.

Halliburton Co. (NYSE: HAL) cut to Neutral at J.P. Morgan.

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Mylan Inc. (NASDAQ: MYL) cut to Equal Weight at Morgan Stanley.

Northrop Grumman Corp. (NYSE: NOC) cut to Underweight at J.P. Morgan.

NYSE Euronext Inc. (NYSE: NYX) maintained Underperform and named as Bear of the Day at Zacks.

Pinnacle Entertainment Inc. (NYSE: PNK) cut to Underperform at Credit Suisse.

Raytheon Co. (NYSE: RTN) cut to Neutral at J.P. Morgan.

Senior Housing Properties Trust (NYSE: SNH) cut to Hold at Jefferies.

Silver Bay Realty Trust Corp. (NYSE: SBY) started as Outperform at Credit Suisse.

Read Also: 12 Stocks Expected to Rise 50% to 100% (or More) in 2013

Deutsche Bank airline trade: Southwest Airlines Co. (NYSE: LUV) raised to Buy from Hold at Deutsche Bank; downgrades JetBlue Airways Corp. (NASDAQ: JBLU) cut to Hold from Buy.

Credit Suisse U.S. Focus List: adding MetLife Inc. (NYSE: MET) and removing Hartford Financial Services Group Inc. (NYSE: HIG) from the Focus List.

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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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