Top 10 Analyst Upgrades and Downgrades (AA, BBBY, BRK.A, DFS, LYG, SNY, SWI, TRW, ZBRA)

These are the top analyst upgrades, downgrades and initiations of new coverage which we have see from Wall Street this Monday morning:

• ALCOA (AA) Cut to Underperform at FBR.
• Bed Bath & Beyond (BBBY) Started as Buy at Wedbush Morgan.
• Berkshire Hathaway Inc. (BRK.A) Started as Outperform at KBW.
• Discover Financial (DFS) Raised to Outperform at KBW.
• Lloyds Banking Group plc (LYG) Raised to Conviction By List at Goldman Sachs.
• Sanofi-Aventis (SNY) Cut to Neutral at JPMorgan.
• SolarWinds (SWI) Started as Overweight at JPMorgan; Started as Overweight at Thomas Weisel.
• TRW (TRW) Raised to Overweight at JPMorgan.
• Zebra Technologies (ZBRA) Raised to Outperform at Baird.

Jon C. Ogg
June 29, 2009

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