Top Analyst Upgrades and Downgrades (AOL, DT, DOW, ECA, FNSR, PM, SWIR, TEN, MMM, WY, ZBRA)

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These are this Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls:

AOL Inc. (NYSE: AOL) Started as Neutral at JPMorgan.
Deutsche Telekom (NYSE: DT) Started as Underweight at Morgan Stanley; Cut to Sell at UBS.
Dow Chemical (NYSE: DOW) Raised to Overweight at Barclays.
EnCana (NYSE: ECA) Cut to Market Perform at Raymond James.
Finisar Corp. (NASDAQ: FNSR) Raised to Overweight at Thomas Weisel.
Philip Morris International, Inc. (NYSE: PM) Cut to Reduce at Nomura.
Sierra Wireless (NASDAQ: SWIR) Raised to Outperform at Raymond James.
Tenneco Inc. (NYSE: TEN) Raised to Outperform at Wells Fargo.
3M Co. (NYSE: MMM) Raised to Conviction Buy List at Goldman Sachs.
Weyerhaeuser Co. (NYSE: WY) Cut to Neutral at Goldman Sachs.
Zebra Technologies (NASDAQ: ZBRA) Cut to Neutral at Baird.

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JON C. OGG