Energy Business

Top Analyst Upgrades and Downgrades (ANGI, BNS, BIDU, CYBX, IDXX, IBM, KIRK, MYL, PNRA, PBH, SCHN, TEAR, TEVA, WPI, RDC, ATW, NE, DO, ORIG, ESV, HERO, SDRL, RIG)

Source: Jon Ogg
These are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Wednesday morning.

Angie’s List Inc. (NASDAQ: ANGI) raised to Outperform at Oppenheimer.

Bank of Nova Scotia (NYSE: BNS) cut to Neutral at Credit Suisse.

Baidu Inc. (NASDAQ: BIDU) target cut to $153 at Barclays.

Cyberonics Inc. (NASDAQ: CYBX) raised to Buy at Canaccord Genuity.

IDEXX Laboratories Inc. (NASDAQ: IDXX) started as Hold at Canaccord Genuity.

International Business Machines Corp. (NYSE: IBM) reiterated Buy with $235 price target at Argus.

Kirkland’s Inc. (NASDAQ: KIRK) named Bear of the Day at Zacks.

Mylan Inc. (NASDAQ: MYL) reiterated Buy with $27 target at Argus.

Panera Bread Co. (NASDAQ: PNRA) named Bull of the Day at Zacks.

Prestige Brands Holdings Inc. (NYSE: PBH) named value stock of the day at Zacks.

Schnitzer Steel Industries Inc. (NASDAQ: SCHN) cut to Sell at CLSA.

TearLab Corp. (NASDAQ: TEAR) started as Buy at Canaccord Genuity.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) reiterated Buy with $48 target at Argus.

Watson Pharmaceuticals Inc. (NYSE: WPI) reiterated Buy and raised target to $100 at Argus.

Credit Suisse initiated the U.S. offshore drilling sector: Rowan Companies (NYSE: RDC) added to U.S. Focus List and named top pick; other top picks are Atwood Oceanics Inc. (NYSE: ATW) and Noble Corp. (NYSE: NE). Outperform ratings were given to these: Diamond Offshore Drilling Inc. (NYSE: DO) and Ocean Rig UDW Inc. (NASDAQ: ORIG). Neutral ratings were given to Ensco PLC (NYSE: ESV), Hercules Offshore (NASDAQ: HERO), Seadrill Ltd. (NYSE: SDRL) and Transocean Inc. (NYSE: RIG).

JON C. OGG