Top Analyst Upgrades & Downgrades (ARO, APC, DO, MMM, FDX, SOLR, IPG, JBHT, KLIC, LIZ, MON, MWW, JWN, NSC, PM, RAX, UPS)
January 7, 2011 by Jon C. Ogg
These are some of this Friday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.
Aeropostale, Inc. (NYSE: ARO) Cut to Underperform at Wells Fargo.
Anadarko Petroleum Corporation (NYSE: APC) Cut to Market Perform at Wells Fargo.
Diamond Offshore Drilling Inc. (NYSE: DO) added to Goldman Sachs’ Conviction Buy List.
3M Co. (NYSE: MMM) Raised to Neutral at JPMorgan.
FedEx Corporation (NYSE: FDX) Started as Buy at Jefferies.
GT Solar International, Inc. (NASDAQ: SOLR) Added to BofA/ML Endeavor List.
Interpublic Group of Companies Inc. (NYSE: IPG) Reiterated Buy at Argus.
JB Hunt Transport Services Inc. (NASDAQ: JBHT) Started as Buy at Jefferies.
Kulicke & Soffa Industries Inc. (NASDAQ: KLIC) Raised to Outperform at Oppenheimer.
Liz Claiborne Inc. (NYSE: LIZ) Kept as Undeperform but cut target to $4 at BofA/ML.
Monsanto Co. (NYSE: MON) Reiterated Neutral but raised target to $75 at BofA/ML.
Monster Worldwide Inc (NYSE: MWW) kept as Outperform but target raised to $32 at Credit Suisse.
Nordstrom Inc. (NYSE: JWN) Raised to Overwight at Morgan Stanley.
Norfolk Southern Corp. (NYSE: NSC) Started as Buy at Jefferies.
Philip Morris International Inc. (NYSE: PM) Cut to Hold at Citigroup.
Rackspace Hosting, Inc (NYSE: RAX) Removed from BofA/ML Endeavor List.
United Parcel Service, Inc. (NYSE: UPS) Started as Buy at Jefferies.
If you missed yesterday’s analyst calls from 247WallSt.com, the Top Analyst Upgrades & Downgrades included tickers AMZN, AGNC, AXP, NLY, BUD, ATHR, BJ, BRCD, CHL, DHI, XOM, MSFT, MSI, RAX, GOLD, and TOL.
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JON C. OGG
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