Top 10 Analyst Upgrades, Downgrades, Initiations (BRCD, BNI, COH, CHK, CSX, HOG, KWK, MBT, NDAQ, SIRI)

These are this Thursday’s top early analyst upgrades, downgrades, and initiations from Wall Street research calls which may be moving shares of the underlying stocks:

Brocade Communications (NASDAQ: BRCD) Cut to Neutral at Piper Jaffray; Cut to Hold at ThinkEquity; Cut to Hold at Lazard.
Burlington Northern Santa Fe (NYSE: BNI) Cut to Underweight at Barclays.
Coach Inc. (NYSE: COH) Started as Hold at KeyBanc.
Chesapeake Energy (NYSE: CHK) Started as Buy at Lazard.
CSX Corp. (NYSE: CSX) Raised to Equal-Weight at Barclays.
Harley-Davidson (NYSE: HOG) Started as Underweight at KeyBanc.
Quicksilver Resources Inc. (NYSE: KWK) Started as Buy at Lazard.
Mobile TeleSystems (NYSE: MBT) Raised to Buy at UBS.
NASDAQ OMX Group (NASDAQ: NDAQ) Raised to Positive at Susquehanna.
SIRIUS XM Radio Inc. (NASDAQ: SIRI) put on positive credit watch at S&P late yesterday during trading hours.

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