Top Analyst Upgrades and Downgrades (ALTR, ANSS, APSG, ATHN, BIDU, C, HIG, HD, JBLU, MSFT, PFG, LUV, WIT, XLNX)

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By Jon C. Ogg Updated Published
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These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.

Altera Corp. (NASDAQ: ALTR) Started as Hold at Deutsche Bank.
Ansys Inc. (NASDAQ: ANSS) Cut to Hold at Jefferies.
Applied Signal Technology, Inc. (NASDAQ: APSG) Cut to Neutral at Merriman Curhan Ford.
athenahealth, Inc. (NASDAQ: ATHN) Cut to Hold at Jefferies.
Baidu, Inc. (NASDAQ: BIDU) Target raised to $116 at HSBC.
Citigroup, Inc. (NYSE: C) Added to Goldman Sachs Conviction Buy List.
Hartford Financial Services Group, Inc. (NYSE: HIG) Raised to Neutral at Goldman Sachs.
The Home Depot, Inc. (NYSE: HD) Cut to Market Perform at FBR.
Jetblue Airways Corporation (NASDAQ: JBLU) Raised to Overweight at JPMorgan.
Microsoft Corporation (NASDAQ: MSFT) Cut to Market Perform at FBR.
Principal Financial Group, Inc. (NYSE: PFG) Raised to Buy at Goldman Sachs.
Southwest Airlines Co. (NYSE: LUV) Cut to Neutral at JPMorgan.
Wipro Ltd. (NYSE: WIT) Cut to Neutral at Credit Suisse.
Xilinx Inc. (NASDAQ: XLNX) Started as Buy at Deutsche Bank.

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JON C. OGG

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Photo of Jon C. Ogg
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. www.247wallst.com.

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