Investing
Top Analyst Upgrades and Downgrades (ADTN, AIG, AAPL, CPB, CTRN, DNDN, DPS, EA, GIS, JCP, MMM, NOK, PM, RIMM, THC, VIAB, WYNN)
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These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Friday.
Source: Jon Ogg
ADTRAN Inc. (NASDAQ: ADTN) maintained Underperform but named Bear of the Day at Zacks.
American international Group Inc. (NYSE: AIG) started as Outperform at FBR.
Apple Inc. (NASDAQ: AAPL) saw its numbers modestly lowered on iPhone units, sales prices, margin and earnings, but maintained at Buy and a $750 target at Canaccord Genuity. Apple also made one of the top spots on the Morgan Stanley Best Ideas List.
Campbell Soup Co. (NYSE: CPB) maintained Buy but removed from Conviction Buy List at Goldman Sachs.
Citi Trends Inc. (NASDAQ: CTRN) raised to Outperform and named Bull of the Day at Zacks.
Dendreon Corp. (NASDAQ: DNDN) raised to Outperform at Bernstein.
Dr Pepper Snapple Group Inc.(NYSE: DPS) cut to Market Perform at Bernstein.
Electronic Arts Inc. (NASDAQ: EA) cut to Neutral at Piper Jaffray.
Read also: Biotech’s Big Winners and Losers for 2013
General Mills Inc. (NYSE: GIS) cut to Sell at Goldman Sachs.
J.C. Penney Co. Inc. (NYSE: JCP) cut to Sell at UBS.
3M Co. (NYSE: MMM) cut to Underweight at J.P. Morgan.
Nokia Corp. (NYSE: NOK) raised to Buy at Societe Generale and maintained Hold but raised target to $4 at Canaccord Genuity..
Phillip Morris International Inc. (NYSE: PM) raised to Conviction Buy List at Goldman Sachs.
Read also: 12 Stocks Expected to Rise 50% to 100% (or More) in 2013
Research In Motion Ltd. (NASDAQ: RIMM) cut to Underperform at BMO.
Tenet Healthcare Corp. (NYSE: THC) raised to Buy at BofA/Merrill Lynch.
Viacom Inc. (NASDAQ: VIAB) raised to Buy at Janney.
Wynn Resorts Ltd. (NASDAQ: WYNN) cut to Outperform at CLSA.
Here are six stock picks with the most upside from the 2013 Cantor Fitzgerald Conviction Buy List.
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