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Top Analyst Upgrades and Downgrades (BAX, CIEN, GNW, IMAX, JASO, MCD, OSIS, POT, PM, RYAAY, VALE)
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These are this Tuesday morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls:
Baxter International (NYSE: BAX) Cut to Hold at Citigroup.
CIENA Corporation (NASDAQ: CIEN) Raised to Outperform at Credit Suisse.
Genworth Financial (NYSE: GNW) Cut to Neutral at BofA/Merrill Lynch.
IMAX Corporation (NASDAQ: IMAX) Cut to Sell at Merriman Curhan Ford.
JA Solar Holdings (NASDAQ: JASO) Cut to Neutral at Broadpoint AmTech.
McDonald’s Corp. (NYSE: MCD) Raised to Outperform at Credit Suisse.
OSI Systems (NASDAQ: OSIS) Cut to Market Perform at Morgan Keegan.
Potash Corp. (NYSE: POT) Target cut to $116 at UBS.
Phillip Morris International (NYSE: PM) Raised to Outperform at Credit Suisse.
Ryanair Holdings plc (NASDAQ: RYAAY) Started as Buy at UBS.
Vale S.A. (NYSE: VALE) Raised to Overweight at Barclays.
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