Top Analyst Upgrades & Downgrades (ALTR, MT, ADM, ARBA, BSX, CX, CSCO, FOSL, GOV, HON, KLAC, LRCX, M, PETS, TNK, TJX, WFM)

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

Altera Corporation (NASDAQ: ALTR) Raised to Outperform as Bull of the Day at Zacks.
Arcelor Mittal (NYSE: MT) Raised to Buy at BofA/ML.
Archer Daniels Midland Inc. (NYSE: ADM) maintained Outperform but cut target to $35 at Credit Suisse.
Ariba Inc. (NASDAQ: ARBA) Started as Overweight at Barclays.
Boston Scientific Corporation (NYSE: BSX) Reiterated Hold but cut estimates at Argus.
CEMEX, S.A.B. de C.V. (NYSE: CX) Cut to Underperform at Credit Suisse.
Cisco Systems Inc. (NASDAQ: CSCO) Reiterated Buy with $24 target at Argus.
Fossil, Inc. (NASDAQ: FOSL) Raised to Overweight at JPMorgan.
Government Properties Income Trust (NYSE: GOV) Cut to Underperform at Wells Fargo.
Honeywell International Inc. (NYSE: HON) Reiterated Buy at BofA/ML.
KLA-Tencor Corporation (NASDAQ: KLAC) Raised to Hold at Citigroup.
Lam Research Corporation (NASDAQ: LRCX) Raised to Buy at Citigroup.
Macy’s, Inc. (NYSE: M) Reiterated Buy as Value at Zacks.
PetMed Express, Inc. (NASDAQ: PETS) Maintained Underperform as Bear of the Day at Zacks.
Teekay Tankers Limited (NYSE: TNK) Cut to Neutral at BofA/ML.
The TJX Companies, Inc. (NYSE: TJX) Raised to Overweight at Barclays.
Whole Foods Market, Inc. (NASDAQ: WFM) Raised to Buy at Goldman Sachs.

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JON C. OGG