These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning.
Celgene Corporation (NASDAQ: CELG) Cut to Sector Perform at RBC.
Chesapeake Energy Corporation (NYSE: CHK) Raised to Buy at Canaccord Genuity.
Ciena Corporation (NASDAQ: CIEN) Started as Outperform at Wells Fargo.
Flextronics International Ltd. (NASDAQ: FLEX) Raised to Buy at Collins Stewart.
Guess? Inc. (NYSE: GES) Removed from Focus List at Credit Suisse.
Lululemon Athletica (NASDAQ: LULU) Cut to Underperform at BofA/ML.
NVIDIA Corporation (NASDAQ: NVDA) Raised to Outperform as Bull of the Day at Zacks.
Polo Ralph Lauren Corp. (NYSE: RL) Removed from Focus List at Credit Suisse.
Red Hat, Inc. (NYSE: RHT) Cut to Underweight at JPMorgan.
Saks Incorporated (NYSE: SKS) Raised to Neutral at BofA/ML.
Salesforce.com (NYSE: CRM) Raised to Buy at S&P Equity Research (late-Wednesday call).
Strayer Education Inc. (NASDAQ: STRA) maintained Underperform as Bear of the Day at Zacks.
Tellabs Inc. (NASDAQ: TLAB) Started as Market Perform at Wells Fargo.
Zale Corporation (NYSE: ZLC) Raised to Neutral at BofA/ML.
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JON C. OGG