Investing

Top Analyst Upgrades & Downgrades (ADTN, AMCX, ADM, BBVA, BHP, CSIQ, CVX, DAL, FDO, FDX, HSH, JBLU, LXK, LDK, MRK, PG, RHT, LUV, SPWR, SVU, TSN, UAL, VLO, DIS)

Source: Jon Ogg
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. There are many reports this morning!

ADTRAN Inc. (NASDAQ: ADTN) Cut to Hold at Stifel Nicolaus.

AMC Networks (NASDAQ: AMCX) Raised to Overweight at Barclays.

Archer Daniels Midland (NYSE: ADM) Cut to Equal-Weight at Morgan Stanley.

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA) Cut to Neutral at Credit Suisse.

BHP Billiton Ltd. (NYSE: BHP) Cut to Neutral at Credit Suisse.

Canadian Solar (NASDAQ: CSIQ) Raised to Overweight at Piper Jaffray.

Chevron Corporation (NYSE: CVX) Raised to Neutral at JPMorgan.

Delta Air Lines Inc. (NYSE: DAL) Started as Sell at Goldman Sachs.

Family Dollar Stores Inc. (NYSE: FDO) Cut to Underperform at BofA/ML.

FedEx Corporation (NYSE: FDX) Started as Buy at Goldman Sachs.

Hillshire Brands (NYSE: HSH) Started as Outperform at Bernstein.

JetBlue Airways Corporation (NASDAQ: JBLU) Started as Neutral at Goldman Sachs.

Lexmark International (NYSE: LXK) Cut to Underweight at Barclays.

LDK Solar Co., Ltd. (NYSE: LDK) Cut to Underweight at Piuper Jaffray.

Merck & Co. (NYSE: MRK) Raised to Buy at Citigroup.

Procter & Gamble (NYSE: PG) named Bear of the Day at Zacks.

Red Hat, Inc. (NYSE: RHT) Cut to Perform at Oppenheimer.

Southwest Airlines Co. (NYSE: LUV) Started as Neutral at Goldman Sachs.

SunPower Corporation (NASDAQ: SPWR) Raised to Overweight at Piper Jaffray.

SUPERVALU Inc. (NYSE: SVU) Raised to Neutral from Sell at UBS; Cut to Neutral at JPMorgan.

Tyson Foods Inc. (NYSE: TSN) Cut to Underweight at Morgan Stanley.

United Continental Holdings, Inc. (NYSE: UAL) Started as Sell at Goldman Sachs.

Valero Energy Corporation (NYSE: VLO) Started as Outperform at Wells Fargo.

The Walt Disney Co. (NYSE: DIS) Raised to Outperform at Wells Fargo.

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JON C. OGG

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