Top Analyst Upgrades and Downgrades (CMA, FB, FIO, HES, JDSU, KMB, LOGI, QCOM, RIMM, RF, STX, SFD, UTX)

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By Jon C. Ogg Updated Published
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These are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls.

Comerica Inc. (NYSE: CMA) cut to Underperform at Bernstein.

Facebook Inc. (NASDAQ: FB) has taken three analyst downgrades this morning, and one boutique upgrade (FULL NOTE).

Fusion-io Inc. (NYSE: FIO) is down handily after earnings but was raised to Buy from Hold at Lazard. J.P. Morgan cut the rating to Neutral from Overweight and Credit Suisse cut the rating to Neutral from Outperform.

Hess Corp. (NYSE: HES) cut to Neutral at UBS and cut to Hold at Soc-Gen.

JDS Uniphase Corp. (NASDAQ: JDSU) raised to Buy at Needham.

Kimberly-Clark Corp. (NYSE: KMB) reiterated Buy and raised target by $6 to $98 at Argus.

Logitech International S.A. (NASDAQ: LOGI) named Bear of the Day at Zacks.

Qualcomm Inc. (NASDAQ: QCOM) reiterated Buy and raised target price to $83 at Canaccord Genuity.

Research In Motion Ltd. (NASDAQ: RIMM) cut to Underperform at Credit Suisse; S&P Equity Research cut RIM to Sell late Wednesday afternoon after the BB10 release.

Regions Financial Corp. (NYSE: RF) cut to Underperform at Bernstein and cut to Neutral at Baird.

Seagate Technology PLC (NASDAQ: STX) cut to Underweight at Barclays.

Smithfield Foods Inc. (NYSE: SFD) named Bull of the Day at Zacks.

United Technologies Corp. (NYSE: UTX) reiterated Buy and raised target by $8 to $100 at Argus.

Deutsche Bank has raised its targets and estimates on many health care facility and hospital stocks around Obamacare now.

Well-known analyst Dick Bove is at a new firm and he has called this week for 30% upside in the major bank stocks.

Photo of Jon C. Ogg
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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