Top 12 Analyst Upgrades and Downgrades (AOL, BBBY, CLF, GIS, GOOG, MNKD, ORCL, PCG, SYKE, VPHM, VMW, ZIOP)

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By Jon C. Ogg Updated Published
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Investors and traders are constantly looking for new ideas that will generate profits. 24/7 Wall St. looks over research calls from all over to find great ideas, from value stocks to dividends to growth stocks. Many research-driven ideas for stocks to buy and to sell come from independent research firms. Some also come from the large sell-side investment banking firms on Wall St.

These are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from select Wall S. research calls.

AOL Inc. (NYSE: AOL) raised to Overweight with $44 price target at Barclays.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) reiterated Buy with $80 price target at Argus.

Cliffs Natural Resources Inc. (NYSE: CLF) raised to Neutral from Sell as the $20 price target was hit by Goldman Sachs, cut to Underweight from Equal Weight at Morgan Stanley and maintained Underperform but target price cut to $10 from $30 at Credit Suisse.

General Mills Inc. (NYSE: GIS) raised to Buy with $57 price target at Argus.

Google Inc. (NASDAQ: GOOG) reiterated Outperform and raised price target to $982 from $847 at Credit Suisse.

MannKind Corp. (NASDAQ: MNKD) reiterated Buy but raised price target to $5 from $3 at BofA/Merrill Lynch.

Oracle Corp. (NASDAQ: ORCL) reiterated Buy and $38 price target at BofA/Merrill Lynch.

PG&E Corp. (NYSE: PCG) raised to Outperform with $52 price target at Bernstein.

Sykes Enterprises Inc. (NASDAQ: SYKE) raised to Outperform at Wells Fargo.

ViroPharma Inc. (NASDAQ: VPHM) raised to Overweight with $32 target price at J.P. Morgan.

VMware Inc. (NYSE: VMW) raised to Strong Buy from Buy but lowered price target down to $115 from $130 from ISI.

ZIOPHARM Oncology Inc. (NASDAQ: ZIOP) tanked yesterday and analysts between today and yesterday abandoned the sinking ship: cut to Neutral at J.P. Morgan and cut to Underperform at BMO.

Here are the 10 S&P 500 stocks that will lead the S&P to new all-time highs.

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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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