These are the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning.
Alcatel-Lucent (NYSE: ALU) Raised to Overweight at Morgan Stanley.
Altera Corporation (NASDAQ: ALTR) Raised to Buy at Auriga.
Amazon.com Inc. (NASDAQ: AMZN) Maintained Hold at Argus.
ArcelorMittal (NYSE: MT) Raised to Hold at SocGen.
Blackstone Group LP (NYSE: BX) Reiterated Buy at BofA/ML.
Cliffs Natural Resources Inc. (NYSE: CLF) Started as Buy at BB&T.
Discover Financial Services (NYSE: DFS) named as Bull of the Day at Zacks.
Endo Pharmaceuticals Holdings Inc. (NASDAQ: ENDP) Reiterated Buy and raised target to $48 at BofA/ML.
Kirkland’s, Inc. (NASDAQ: KIRK) named as Bear of the Day at Zacks.
LM Ericsson (NASDAQ: ERIC) Raised to Equal-Weight at Morgan Stanley.
Macy’s, Inc. (NYSE: M) Reiterated as Outperform and Top Pick at Credit Suisse.
McDonald’s Corporation (NYSE: MCD) Maintained Buy with $88 target at Argus.
Nokia Corp. (NYSE: NOK) Cut to Underweight at Morgan Stanley.
Potash Corp. of Saskatchewan (NYSE: POT) Reiterated Outperform and raised target to $65 at CIBC.
SemiLEDs Corporation (NASDAQ: LEDS) Cut to Hold at Canaccord Genuity.
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JON C. OGG