Investing

Top Analyst Upgrades and Downgrades (NLY, MT, CAP, CRAI, HOS, MPC, MELI, MTG, NOK, JWN, OPEN, PH, SKS, SXL, TDC, WFM, INT, ZIP)

Source: Jon Ogg
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday morning.

Annaly Capital Management Inc. (NYSE: NLY) cut to Hold at Wunderlich.

ArcelorMittal (NYSE: MT) maintained Outperform after S&P downgrade with comment “We actually believe a material overhang has been removed, which makes the equity a lot more investable…” by Credit Suisse.

CAI International Inc. (NYSE: CAP) named Value Stock of the Day at Zacks.

CRA International (NASDAQ: CRAI) named Bear of the Day at Zacks.

Hornbeck Offshore Services Inc. (NYSE: HOS) reiterated Outperform with $46 target and noted as “Sell off overblown” at Credit Suisse.

Marathon Petroleum Corp. (NYSE: MPC) named Bull of the Day at Zacks.

Mercadolibre Inc. (NASDAQ: MELI) raised to Overweight at JPMorgan.

MGIC Investment Corp. (NYSE: MTG) cut to Market Perform at FBR.

Nokia Corp. (NYSE: NOK) cut to Sell from Neutral at Goldman Sachs.

Nordstrom Inc. (NYSE: JWN) cut to Neutral at Baird.

OpenTable Inc. (NASDAQ: OPEN) raised to Outperform at Oppenheimer after strong guidance (shares indicated up 10%).

Parker Hannifin Corp. (NYSE: PH) maintained Buy but cut target to $92 from $100 at Argus.

Saks Inc. (NYSE: SKS) reiterated Buy with $14 target at Argus.

Sunoco Logistics Partners L.P. (NYSE: SXL) raised to Buy at BofA/ML.

Teradata Corp. (NYSE: TDC) raised to Buy at Stern Agee.

Whole Foods Market Inc. (NASDAQ: WFM) raised to Overweight at Morgan Stanley.

World Fuel Services Corporation (NYSE: INT) cut to Underperform at BofA/ML.

Zipcar Inc. (NASDAQ: ZIP) cut to Underweight at Morgan Stanley, to Neutral at JPMorgan and to Hold at Needham (all after lower guidance; shares down almost 30%).

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JON C. OGG

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