Top Analyst Upgrades and Downgrades (BIDU, CNQ, CCH, GENZ, KFT, LOW, MCD, NDAQ, NEM, QSFT, UBS, WCRX, VALE)

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By Douglas A. McIntyre Updated Published
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These are this Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls:

Baidu Inc. (NASDAQ: BIDU) Reiterated Buy but target raised to $550 at Goldman Sachs.
Canadian Natural Resources (NYSE: CNQ) Raised To Conviction Buy at Goldman Sachs.
Coca-Cola Hellenic Bottling Co. (NYSE: CCH) Started as Buy at RBS.
Genzyme Corp. (NASDAQ: GENZ) Raised to Buy at UBS.
Kraft Foods Inc. (NYSE: KFT) Raised to Buy at UBS.
Lowe’s Companies Inc. (NYSE: LOW) Cut to Neutral at Goldman Sachs.
McDonald’s (NYSE: MCD) Raised to Conviction Buy at Goldman Sachs.
NASDAQ OMX Group (NASDAQ: NDAQ) Raised to Conviction Buy at Goldman Sachs.
Newmont Mining (NYSE: NEM) Started as Buy at Deutsche Bank.
Quest Software (NASDAQ: QSFT) Cut to Sell at Goldman Sachs.
UBS AG (NYSE: UBS) Raised to Overweight at JPMorgan.
Warner Chilcott (NASDAQ: WCRX) Raised to Outperform at Oppenheimer.
Vale S.A. (NYSE: VALE) Raised to Buy at UBS.

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JON C. OGG
FEBRUARY 3, 2010

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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