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Top Analyst Upgrades and Downgrades (BSFT, DB, EBAY, EIX, FSLR, GRPN, JCP, RHT, REGN, SKS, UBS, VSI, VMW)
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These are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls.
Broadsoft Inc. (NASDAQ: BSFT) downgraded after poor expense guidance at Mizuho, Oppenheimer, and boutique Northland Securities.
Deutsche Bank A.G. (NYSE: DB) raised to Buy at KBW.
eBay Inc. (NASDAQ: EBAY) started as Outperform at BMO.
Edison International (NYSE: EIX) raised to Outperform ast BMO.
First Solar Inc. (NASDAQ: FSLR) reiterated Hold at Argus but that is after multiple downgrades Wednesday.
Groupon Inc. (NASDAQ: GRPN) cut to Underperform at BofA/Merrill Lynch, cut to Market Perform at Wells Fargo and cut to Underperform at Raymond James.
J.C. Penney Co. Inc. (NYSE: JCP) maintained Buy but lowered price target to only $25 from $35 by Argus.
Red Hat Inc. (NYSE: RHT) started as Overweight at Barclays.
Regeneron Pharmaceuticals Inc. (NASDAQ: REGN) started as Overweight at Barclays.
Saks Inc. (NYSE: SKS) cut to Underweight at Morgan Stanley.
UBS A.G. (NYSE: UBS) cut to Market Perform at KBW.
Vitamin Shoppe Inc. (NYSE: VSI) cut to Neutral at BofA Merrill Lynch.
VMware Inc. (NYSE: VMW) started as Hold at Stifel Nicolaus.
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