Top 10 Analyst Upgrades and Downgrades (AFL, CPB, ECL, ISIS, MGM, NE, NSC, PERY, TER, WDC)

These are the ten top Wall Street analyst calls with upgrades, downgrades, and initiations we have this Wednesday morning:

Aflac (AFL) Cut to Hold from Buy at Citigroup.
Campbell Soup (CPB) Raised to Sector Perform at RBC.
Ecolab (ECL) Cut to Neutral at JPMorgan.
Isis Pharmaceuticals (ISIS) Started as Buy at Cantor Fitzgerald.
MGM Mirage (MGM) Cut to Neutral at BofA/Merrill.
Noble Corporation (NE) Raised to Overweight at Morgan Stanley.
Norfolk Southern (NSC) Cut to Neutral at BofA/Merrill.
Perry Ellis (PERY) Cut to Neutral at SunTrust.
Teradyne (TER) Started as Underweight at Morgan Stanley.
Western Digital (WDC) Cut to Neutral at Baird.

Jon C. Ogg
July 27, 2009

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