Top Analyst Upgrades & Downgrades (ADTN, AAPL, ARNA, T, BEAM, BBBY, BBY, BWLD, CVX, HEK, JPM, MYGN, PRA, RSH, RXN, RIMM, SLF, TXRH, VZ)May 11, 2012 by Jon C. Ogg
Adtran Inc. (NASDAQ: ADTN) Reiterated Buy and $39 target at Argus.
Arena Pharmaceuticals (NASDAQ: ARNA) Raised to Buy at Jefferies; Raised to Outperform at Leerink Swann.
AT&T, Inc. (NYSE: T) Raised to Outperform at Credit Suisse.
Beam Spirits Inc. (NYSE: BEAM) Maintained Hold at Argus.
Bed Bath & Beyond (NASDAQ: BBBY) Raised to Outperform at Credit Suisse.
Best Buy (NYSE: BBY) Cut to Neutral with $20 target at Credit Suisse.
Buffalo Wild Wings (NASDAQ: BWLD) Started as Outperform at Wells Fargo.
Chevron Corp. (NYSE: CVX) Reiterated Buy with $130 target at Argus.
Heckmann Corporation (NYSE: HEK) Started as Outperform with $5 target at Credit Suisse.
J.P. Morgan Chase & Co. (NYSE: JPM) Maintained Outperform but cut estimates at Credit Suisse; Cut to Hold at Stifel Nicolaus; Cut to Market Perform at FBR.
Myriad Genetics Inc. (NASDAQ: MYGN) Started as Neutral at BofA/ML.
ProAssurance Corp. (NYSE: PRA) named Bull of the Day at Zacks.
RadioShack Corp. (NYSE: RSH) named Bear of the Day at Zacks.
Rexnord Corporation (NYSE: RXN) Started as Neutral at Credit Suisse.
Research In Motion Limited (NASDAQ: RIMM) Maintained Neutral and cut estimates at Credit Suisse.
Sun Life Financial Inc. (NYSE: SLF) Raised to Outperform at Credit Suisse.
Texas Roadhouse (NASDAQ: TXRH) Started as Market Perform at Wells Fargo.
Verizon Communications, Inc. (NYSE: VZ) Raised to Outperform at Credit Suisse.
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JON C. OGG