Top Analyst Upgrades and Downgrades (ANF, AM, AHT, BIIB, BMC, CAT, CLH, DLR, EQIX, IDTI, LGF, RT, STX, SBUX, TSN, VMW)

Investing

Jon C. Ogg

Published: January 29, 2013 9:58 am

Last Updated: January 29, 2013 10:04 am

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

Abercrombie & Fitch Co. (NYSE: ANF) raised to Outperform at BMO.

American Greetings Corp. (NYSE: AM) named Bear of the Day at Zacks Investment Research.

Ashford Hospitality Trust Inc. (NYSE: AHT) started as Outperform at Credit Suisse.

Biogen Idec Inc. (NASDAQ: BIIB) reiterated Buy with $160 price target at Argus.

BMC Software Inc. (NASDAQ: BMC) cut to Neutral at Cowen.

Caterpillar Inc. (NYSE: CAT) raised to Outperform at BMO.

Clean Harbors Inc. (NYSE: CLH) started as Buy at BB&T.

Digital Realty Trust Inc. (NYSE: DLR) cut to Neutral at BofA/Merrill Lynch.

Equinix Inc. (NASDAQ: EQIX) cut to Neutral at Citigroup.

Integrated Device Technology Inc. (NASDAQ: IDTI) reiterated Buy and target raised to $9 at Canaccord Genuity.

Lions Gate Entertainment Corp. (NYSE: LGF) named Bull of the Day at Zacks Investment Research.

Ruby Tuesday Inc. (NYSE: RT) cut to Neutral at Credit Suisse.

Seagate Technology PLC (NASDAQ: STX) cut to Sell at Ameriprise and cut to Equal Weight at Evercore Partners.

Starbucks Corp. (NASDAQ: SBUX) reiterated Buy and raised target to $64 from $60 at Argus.

Tyson Foods Inc. (NYSE: TSN) raised to Buy at BofA/Merrill Lynch.

VMware Inc. (NYSE: VMW) was downgraded after soft guidance by multiple firms: cut to Equal Weight at Morgan Stanley, cut to Neutral at Piper Jaffray, cut to Neutral at Stern Agee, cut to Hold at Topeka Capital abd cut to Neutral at MKM.

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