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Top Analyst Upgrades and Downgrades (ABAX, ATVI, AFFY, AKAM, AIG, ETN, GILD, HNZ, IP, OXY, OMG, OC, PAAS, SWY, TTWO, TEVA, TPH, VMW)
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These are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls.
Abaxis Inc. (NASDAQ: ABAX) cut to Underperform from Neutral.
Activision Blizzard Inc. (NASDAQ: ATVI) reiterated Buy with $18 target at Argus.
Affymax Inc. (NASDAQ: AFFY) was downgraded across the board by Piper Jaffray, Baird, Stifel Nicolaus and others after its deadly dialysis injection recall was announced over the weekend.
Akamai Technologies Inc. (NASDAQ: AKAM) raised to Outperform at Macquarie.
American International Group Inc. (NYSE: AIG) reiterated Buy and raised price target by $5 to $45 at Argus.
Eaton Corp. (NYSE: ETN) started as Outperform with $72 target price at Credit Suisse.
Gilead Sciences Inc. (NASDAQ: GILD) was maintained Buy but it was added to the key US 1 List at BofA/Merrill Lynch.
H.J. Heinz (NYSE: HNZ) cut to Neutral from Buy at Citigroup.
International Paper Co. (NYSE: IP) raised to Overweight at J.P. Morgan.
Occidental Petroleum Corp. (NYSE: OXY) raised to Outperform at Raymond James.
OM Group Inc. (NYSE: OMG) named Bear of the Day at Zacks.
Owens Corning (NYSE: OC) cut to Market Perform at Wells Fargo.
Pan American Silver Corp. (NASDAQ: PAAS) raised to Buy at Canaccord Genuity.
Safeway Inc. (NYSE: SWY) raised to Neutral at BofA/Merrill Lynch.
Take-Two Interactive Software Inc. (NASDAQ: TTWO) named Bull of the Day after hitting the reset button at Zacks.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) cut to Hold at Argus.
TRI Pointe Homes Inc. (NYSE: TPH) started as Outperform at FBR and started as Buy at Deutsche Bank.
VMware Inc. (NYSE: VMW) raised to Neutral at Citigroup.
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