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Top Analyst Upgrades and Downgrades (AMZN, GM, HSFT, LPLA, MCD, PBR, VRGY)

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By Jon C. Ogg Updated Published

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These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.

Amazon.com Inc. (NASDAQ: AMZN) Reiterated Buy and $190 price target at BofA/ML (late-Monday call).
General Motors Corp. (NYSE: GM) Started as Outperform at Credit Suisse; Started as Buy at Citi; Started as Overweight at Morgan Stanley.
HiSoft Technology International Ltd. (NASDAQ: HSFT) Started as Outperform at BMO.
LPL Investment Holdings Inc. (NASDAQ: LPLA) Started as Overweight at Morgan Stanley; Started as Buy at Goldman Sachs.
McDonald’s Corporation (NYSE: MCD) Reiterated Buy with $88 target at Argus.
Petroleo Brasileiro (NYSE: PBR) Reiterated Buy with $55 target at BofA/ML.
Verigy, Ltd. (NASDAQ: VRGY) Reiterated Outperform and $15 target at Credit Suisse.

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JON C. OGG

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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. www.247wallst.com.

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