Top Analyst Upgrades and Downgrades (AKS, AMAT, ADM, ARMH, BWP, CLF, COH, INTC, JOY, PBR, RLGY, RIMM, TDC, TSN, WFC, WFM)November 20, 2012 by Jon C. Ogg
AK Steel Corp. (NYSE: AKS) raised to Neutral at Goldman Sachs.
Applied Materials Inc. (NASDAQ: AMAT) reiterated as Buy with $16 target at Argus.
Archer Daniels Midland Co. (NYSE: ADM) raised to Outperform at BMO.
ARM Holdings PLC (NASDAQ: ARMH) cut to Outperform from Strong Buy at Raymond James.
Boardwalk Pipeline Partners. LP (NYSE: BWP) raised to Outperform at Credit Suisse.
Cliffs Natural Resources Inc. (NYSE: CLF) maintained Underperform but lowered estimates at Credit Suisse; cut to Sell at Goldman Sachs.
Coach Inc. (NYSE: COH) started as Outperform at Wells Fargo.
Intel Corp. (NASDAQ: INTC) cut to Neutral at UBS.
Joy Global Inc. (NYSE: JOY) raised to Market Perform at BMO.
Petroleo Brasileiro Petrobras S.A. (NYSE: PBR) cut to Market Perform at Raymond James.
Realogy Corp. (NYSE: RLGY) started as Neutral at Credit Suisse, started as Overweight at JPMorgan, started as Buy at BofA/ML and started as Neutral at Goldman Sachs.
Research In Motion Ltd. (NASDAQ: RIMM) raised to Hold at Jefferies.
Teradata Corp. (NYSE: TDC) started as Outperform with $80 target at Credit Suisse.
Tyson Foods (NYSE: TSN) maintained Neutral but raised target to $20 at Credit Suisse.
Wells Fargo & Co. (NYSE: WFC) maintained Neutral but raised estimates at Credit Suisse.
Whole Foods Market Inc. (NASDAQ: WFM) raised to Buy at Goldman Sachs.
JON C. OGG