Top Analyst Upgrades & Downgrades (CELG, CIM, GLW, DFS, EA, FB, JEF, KMB, LAZ, MSI, ONXX, PBY, RL, RGR, SXCI, TROW, MRK, ILMN, PG)

June 22, 2012 by Jon C. Ogg

Source: Jon Ogg
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday.

Celgene Corporation (NASDAQ: CELG) Maintained Buy with target of $73.00 at Cantor Fitzgerald; Maintained Neutral with $75 target at Credit Suisse.

Chimera Investment Corporation (NYSE: CIM) Cut to Underweight at Barclays.

Corning Inc. (NYSE: GLW) Raised to Neutral at JPMorgan.

Discover Financial Services (NYSE: DFS) named Bull of the Day at Zacks; Reiterated Buy at Argus.

Electronic Arts (NASDAQ: EA) Cut to Neutral at Citigroup.

Facebook, Inc. (NASDAQ: FB) Started as Buy at Nomura.

Jefferies Group, Inc. (NYSE: JEF) Started as Neutral at Goldman Sachs.

Kimberly-Clark Corporation (NYSE: KMB) Raised to Buy with $92 target at Argus.

Lazard Ltd. (NYSE: LAZ) at Neutral with $24.50 target at Goldman Sachs.

Motorola Solutions Inc. (NYSE: MSI) Reiterated Buy with $60 target at Argus.

Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) Raised to Equalweight at Morgan Stanley.

Pep Boys-Manny, Moe & Jack Inc. (NYSE: PBY) Raised to Buy with $12 target at Argus.

Ralph Lauren Corporation (NYSE: RL) Started as Neutral at JPMorgan.

Sturm, Ruger & Company, Inc. (NYSE: RGR) named as Value Stock of the Day at Zacks.

SXC Health Solutions Corp. (NASDAQ: SXCI) Raised to Outperform at Credit Suisse.

T. Rowe Price Group Inc. (NASDAQ: TROW) Started as Buy with $72 target at Argus.

CREDIT SUISSE FOCUS LIST CHANGES: Added Merck & Co. (NYSE: MRK) and Illumina Inc. (NASDAQ: ILMN); Removed Procter & Gamble (NYSE: PG).

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JON C. OGG

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