These are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls.
Amgen Inc. (NASDAQ: AMGN) cut to Market Perform at William Blair.
AOL Inc. (NYSE: AOL) raised to Outperform at RBC.
Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) raised to Neutral at JPMorgan.
Bebe Stores Inc. (NASDAQ: BEBE) named Bear of the Day as the fashion retailer is unlikely to see better days anytime soon by Zacks.
Charles Schwab Corp. (NYSE: SCHW) cut to Sell from Neutral at Citigroup.
CoreLogic Inc. (NYSE: CLGX) named Bull of the Day by Zacks as it will continue to benefit from the current mortgage refinancing boom.
Elan Corp. (NYSE: ELN) cut to Neutral at UBS.
Hartford Financial Services Group Inc. (NYSE: HIG) reiterated Buy and raised target to $28 at Argus.
Kroger Co. (NYSE: KR) raised to Neutral at Goldman Sachs.
Nike Inc. (NYSE: NKE) raised to Overweight at J.P. Morgan.
Sigma-Aldrich Corp. (NASDAQ: SIAL) cut to Sell at UBS.
Tesoro Corp. (NYSE: TSO) raised to Buy at BofA/Merrill Lynch.
USA Compression Partners L.P. (NYSE: USAC) started as Overweight at J.P. Morgan, started as Buy at Goldman Sachs and started as Market Perform at Wells Fargo.
U.S. Bancorp (NYSE: USB) raised to Buy at Stifel Nicolaus.
VMware Inc. (NYSE: VMW) raised to Overweight at Evercore Partners.
Wells Fargo & Co. (NYSE: WFC) raised to Buy at Stifel Nicolaus.
There are two macro-calls this morning worth a read. Goldman Sachs has lowered its expectations on near-term equity performance, while BofA/Merrill Lynch has issued some key small- and mid-cap secular stocks to buy.