These are ten of the most important analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. You will probably notice a substantial focus on media-related shares:
AOL Inc. (NYSE: AOL) Started as Sell at Merriman Curhan Ford.
CBS Corporation (NYSE: CBS) Started as Buy at Needham.
Franklin Resources Inc. (NYSE: BEN) Started as Hold at Jefferies.
Mylan Labs (NASDAQ: MYL) Started as Buy at SunTrust.
News Corporation (NASDAQ: NWS) Started as Buy at Needham.
Oracle Corp. (NASDAQ: ORCL) Reiterated Buy/$27 and raised 2010-12 estimates at Goldman Sachs.
Research-in-Motion Ltd. (NASDAQ: RIMM) Target cut to $120 from $150 at RBC.
Shutterly, Inc. (NASDAQ: SFLY) Raised to Buy at Janney.
Viacom (NYSE: VIA) Started as Buy at Needham.
Walt Disney Co. (NYSE: DIS) Started as Hold at Needham.
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JON C. OGG