Top Analyst Upgrades and Downgrades (AMGN, ARMH, BBVA, CHTR, CMCSA, GLW, DTV, DO, DISH, ET, FE, JCP, LRCX, LIFE, LNKD, PBF, SCHS, SLB, SYMC, TIF, TWC, WCC)January 22, 2013 by Jon C. Ogg
Amgen Inc. (NASDAQ: AMGN) cut to Neutral at Credit Suisse.
ARM Holdings PLC (NASDAQ: ARMH) cut to Hold at Benchmark.
Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) cut to Hold at Deutsche Bank.
Charter Communications Inc. (NASDAQ: CHTR) started as Outperform with $90 target at Credit Suisse.
Comcast Corp. (NASDAQ: CMCSA) started as Neutral at Credit Suisse.
Corning Inc. (NYSE: GLW) maintained Buy with $15 target but cautious earnings comments from BofA/Merrill Lynch.
DirecTV (NASDAQ: DTV) at Neutral at Credit Suisse.
Diamond Offshore Drilling Inc. (NYSE: DO) cut to Neutral at Credit Suisse.
DISH Network Corp. (NASDAQ: DISH) started as Outperform with $43 target at Credit Suisse.
Exact Target Inc. (NYSE: ET) started as Outperform with $30 target at Credit Suisse.
First Energy (NYSE: FE) cut to Underperform at Jefferies.
J.C. Penney Co. Inc. (NYSE: JCP) maintained Buy with $35 target at Argus.
Lam Research Corp. (NASDAQ: LRCX) reiterated Underperform with $32 target at BofA/Merrill Lynch.
Life Technologies Corp. (NASDAQ: LIFE) cut to Market Perform at William Blair.
LinkedIn Corp. (NYSE: LNKD) started as Neutral at Stern Agee.
PBF Energy Inc. (NYSE: PBF) started as Outperform with $35 target at Credit Suisse.
School Specialty Inc. (NASDAQ: SCHS) raised to Outperform as Bull of the Day at Zacks.
Schlumberger Ltd. (NYSE: SLB) reiterated Buy and raised target from $85 to $90 at Argus.
Symantec Corp. (NASDAQ: SYMC) maintained Neutral but raised target to $21.50 from $20 at BofA/Merrill Lynch.
Tiffany & Co. (NYSE: TIF) maintained Underperform and named Bear of the Day at Zacks.
Time Warner Cable Inc. (NYSE: TWC) started as Outperform with $114 target at Credit Suisse.
Wesco International Inc. (NYSE: WCC) raised to Outperform with target moving up to $84 at Credit Suisse.
Goldman Sachs has issued a very favorable 2013 outlook for major media stocks.