These are this Wednesday’s top 10 analyst upgrades, downgrades, and initiations seen from Wall Street morning research calls:
Analog Devices Inc. (NYSE: ADI) Raised to Outperform at Bernstein.
Annaly Capital Management (NYSE: NLY) Cut To Neutral at JPMorgan.
Baidu, Inc. (NASDAQ: BIDU) Reiterated Buy but Target raised to $630 from $550 at Citigroup.
Chevron Corp. (NYSE: CVX) Cut to Neutral at BofA/Merrlill Lynch.
Evergreen Solar (NASDAQ: ESLR) Started as Hold at Wunderlich.
InterMune Inc. (NASDAQ: ITMN) Raised to Buy at ThinkEquity; Raised to Outperform at Wells Fargo.
J. Crew Group, Inc. (NYSE: JCG) Cut to Hold at Citigroup.
Lockheed Martin (NYSE: LMT) Raised to Neutral at Macquarie.
Sonic Corp. (NASDAQ: SONC) Raised to Buy at KeyBanc.
Vale SA (NYSE: VALE) Cut to Neutral at UBS.
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JON C. OGG
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