Top Analyst Upgrades & Downgrades (APD, AEP, AMAT, EBAY, EL, EXPD, HON, JASO, LLL, NFLX, UFPI, YOKU)

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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning.

Air Products & Chemicals Inc. (NYSE: APD) Raised to Buy at Citigroup.
American Electric Power Co., Inc. (NYSE: AEP) Cut to Neutral at Goldman Sachs.
Applied Materials, Inc. (NASDAQ: AMAT) Raised to Overweight at Piper Jaffray.
eBay Inc. (NASDAQ: EBAY) Reiterated Outperform and target raised to $40 at Credit Suisse.
Estee Lauder Companies (NYSE: EL) Raised to Outperform as Bull of the Day at Zacks.
Expeditors International of Washington Inc. (NASDAQ: EXPD) Cut to Neutral at Credit Suisse.
Honeywell International Inc. (NYSE: HON) Raised to Buy and $66 target at Argus.
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) Cut to Strong Sell at S&P Equity Research (late Tuesday call).
Honeywell International Inc. (NYSE: LLL) Raised to Hold at Argus.
Netflix Inc. (NASDAQ: NFLX) Cut to Underperform at Needham.
Universal Forest Products Inc. (NASDAQ: UFPI) Cut to Underperform as Bear of the Day at Zacks.
Youku.com Inc. (NYSE: YOKU) Raised to Buy at Goldman Sachs.

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JON C. OGG

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