These are some of this Friday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls.
Alcatel-Lucent S.A. (NYSE: ALU) was given positive comments on its new CEO but the stock was maintained a Sell as a low value asset at Goldman Sachs.
ArcelorMittal (NYSE: MT) raised to Neutral at HSBC.
BlackBerry (NASDAQ: BBRY) cut to Sell from Neutral at MKM Partners.
Brookfield Infrastructure Partners L.P. (NYSE: BIP) named Bull of the Day at Zacks as the “high quality, diversified assets will continue to produce solid and consistent cash flows.”
Bunge Ltd. (NYSE: BG) was named by Zacks as the Bear of the Day and the firm said that bitter results for the recent quarter indicate more troubles ahead.
Caterpillar Inc. (NYSE: CAT) raised to Outperform at Raymond James.
First Solar Inc. (NASDAQ: FSLR) cut to Underperform at Pac-Crest.
Government Properties Income Trust (NYSE: GOV) cut to Sector Perform from Outperform at RBC.
Hewlett-Packard Co. (NYSE: HPQ) raised to Neutral from Sell with $19 target at UBS and maintained Neutral but raised target price to $20 from $12 at Credit Suisse.
Intuitive Surgical Inc. (NASDAQ: ISRG) raised to Buy at Goldman Sachs.
McDonald’s Corp. (NYSE: MCD) reiterated Outperform and raised target $2 to $104 at Credit Suisse.
Medtronic Inc. (NYSE: MDT) reiterated Buy and raised target by $6 to $54 at Argus.
RF Micro Devices Inc. (NASDAQ: RFMD) raised to Buy at Lazard and cut to Market Perform at Raymond James last night.
Sprint Nextel Corp. (NYSE: S) reiterated Buy with $7.50 price target at Argus as trading falls below Softbank offer price (full report summary).
TASER International Inc. (NASDAQ: TASR) raised to Overweight at J.P. Morgan.
Teekay Tankers Ltd. (NYSE: TNK) cut to Market Perform at Wells Fargo.
VeriFone Systems Inc. (NYSE: PAY) cut to Hold at Argus after many downgrades and implosion yesterday.
Vivus Inc. (NASDAQ: VVUS) maintained Buy but lowered price target to $26 from $30 at BofA/Merrill Lynch after Qsiva denied approval in Europe.
The Wendy’s Co. (NASDAQ: WEN) cut to Underperform from Neutral at Credit Suisse.
Xerox Corp. (NYSE: XRX) reiterated Buy with $13 price target at Argus.
Dahlman Rose trimmed potash and fertilizer stock ratings: Agrium (NYSE: AGU) cut to Sell, CF Industries (NYSE: CF) cut to Sell, Mosaic Co. (NYSE: MOS) cut to Hold, Potash Corp. of Saskatchewan (NYSE: POT) cut to Sell and Rentech Nitrogen Partners L.P. (NYSE: RNF) cut to Sell.