Top Analyst Upgrades and Downgrades: Anadarko, Alcoa, Garmin, Newmont, ONEOK, PNC and More

These are this Monday’s top analyst upgrades and downgrades featured by 24/7 Wall St.

Anadarko Petroleum Corp. (NYSE: APC) was downgraded to Neutral from Buy at Goldman Sachs.

Aramark Corp. (NYSE: ARMK) was raised to Buy from Neutral at Goldman Sachs.

Acuity Brands Inc. (NYSE: AYI) was maintained as Buy but was added to the Conviction Buy List at Goldman Sachs.

Alcoa Co. (NYSE: AA) was raised to Buy from Hold at Deutsche Bank.

Continental Resources Inc. (NYSE: CLR) was downgraded to Neutral from Buy at Goldman Sachs.

Diamond Offshore Drilling Inc. (NYSE: DO) downgraded to Sell from Neutral at Goldman Sachs.

First Niagara Financial Group Inc. (NASDAQ: FNFG) was raised to Outperform from Market Perform at Wells Fargo.

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Garmin Ltd. (NASDAQ: GRMN) was raised to Buy from Neutral and the price target was raised to $64 from $61 at Goldman Sachs.

Halliburton Co. (NYSE: HAL) was maintained as Buy at Goldman Sachs, but it was removed from the Conviction Buy List.

L Brands Inc. (NYSE: LB) was raised to Neutral from Underperform at Bank of America Merrill Lynch.

Newmont Mining Corp. (NYSE: NEM) was raised to Overweight from Neutral at HSBC.

ONEOK Inc. (NYSE: OKE) was raised to Buy from Neutral at Goldman Sachs.

Oceaneering International Inc. (NYSE: OII) was maintained as Buy at Goldman Sachs, but it was added to the prized Conviction Buy List.

PNC Financial Services Group Inc. (NYSE: PNC) was downgraded to Neutral from Buy at Sterne Agee.

Rackspace Hosting Inc. (NYSE: RAX) was raised to Buy from Neutral at Merrill Lynch.

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Royal Gold Inc. (NASDAQ: RGLD) was downgraded to Neutral from Overweight at HSBC.

WebMD Health Corp. (NASDAQ: WBMD) was started as Outperform at Leerink.

Over the weekend we reviewed six analyst stocks under $10 with massive upside calls.