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

February 23, 2011 by Jon C. Ogg

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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