Top 10 Analyst Upgrades and Downgrades (BUD, BIDU, EBAY, EMC, FRX, MSFT, ORCL, PMT, SINA, SOHU)

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These are this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls:

Anheuser Busch InBev (NYSE: BUD) Started as Overweight at JPMorgan.
Baidu Inc. (NASDAQ: BIDU) Started as Hold/$640 target at Auriga.
eBay Inc. (NASDAQ: EBAY) Cut to Hold at Kaufman Bros.
EMC Corp. (NYSE: EMC) Cut to Hold at Canaccord.
Forest Laboratories Inc. (NYSE: FRX) Cut to Hold at Lazard; Cut to Underperform at Piper Jaffray.
Microsoft Corporation (NASDAQ: MSFT) Started as Buy at Soleil.
Oracle Corp. (NASDAQ: ORCL) Started as Buy at Janney, although that was a late yesterday call; Started as Buy at Soleil.
PennyMac Mortgage Investment Trust (NYSE: PMT) Started as Outperform at KBW.
Sina Corp. (NASDAQ: SINA) Started as Buy/$50 target at Auriga.
Sohu.com (NASDAQ: SOHU) Started as Hold/$55 target at Auriga.

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JON C. OGG

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