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

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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

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