These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday.
Chesapeake Energy Corp. (NYSE: CHK) Raised to Hold from Sell at Argus.
CIT Group Inc. (NYSE: CIT) Started as Buy at Janney.
Facebook, Inc. (NASDAQ: FB) Started as Market Outperform at JMP Securities; Raised to Hold from Sell at S&P Capital IQ (late-Tuesday call).
Groupon, Inc. (NASDAQ: GRPN) Raised to Hold from Sell at Stifel Nicolaus.
Nationstar Mortgage Holdings Inc. (NYSE: NSM) Cut to Neutral at Citigroup.
PulteGroup, Inc. (NYSE: PHM) Raised to Outperform at Credit Suisse.
Quest Diagnostics (NYSE: DGX) Cut to Underperform at Raymond James.
Rackspace Hosting, Inc. (NYSE: RAX) Cut to Hold at Jefferies.
Ryland Group Inc. (NYSE: RYL) Raised to Outperform at Credit Suisse.
The Sherwin-Williams Company (NYSE: SHW) Cut to Underperform at BofA/ML.
SLM Corporation (NASDAQ: SLM) Started as Buy at Janney.
Symantec Corporation (NASDAQ: SYMC) Cut to Market Perform at FBR Capital.
Tata Motors Ltd. (NYSE: TTM) Raised to Hold from Sell at Deutsche Bank.
Vera Bradley, Inc. (NASDAQ: VRA) Raised to Buy at KeyBanc Capital Markets.
VeriSign, Inc. (NASDAQ: VRSN) Started as Outperform at Wells Fargo.
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JON C. OGG