Investing
Top Analyst Upgrades and Downgrades (ALU, ANN, ATHN, ADSK, BHP, BRCM, CTXS, DO, GHL, MRVL, ERIC)
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These are this Wednesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls during the pre-market hours:
Alcatel-Lucent (NYSE: ALU) Cut to Neutral at Goldman Sachs.
Ann Taylor (NYSE: ANN) Raised to Neutral at BofA/Merrill Lynch.
AthenaHealth, Inc. (NASDAQ: ATHN) Raised to Buy at Deutsche Bank; Reiterated Hold, Target Cut to $40 at Auriga.
Autodesk, Inc. (NASDAQ: ADSK) Raised to Conviction Buy List at Golkdman Sachs.
BHP Billiton Ltd. (NYSE: BHP) Cut to Hold at SocGen.
Broadcom Corp. (NASDAQ: BRCM) Started as Hold at Auriga (late Tuesday).
Citrix Systems, Inc. (NASDAQ: CTXS) Cut to Neutral at Goldman Sachs.
Diamond Offshore Drilling Inc. (NYSE: DO) Cut to UNderperform at Credit Suisse.
Greenhill & Co. (NYSE: GHL) Raised to Outperform at KBW.
Marvell Technology Group Ltd. (NASDAQ: MRVL) Started as Buy (late Tuesday afternoon) at Auriga.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Cut to Underperform at BofA/Merrill Lynch; Removed from Goldman Sachs Conviction BUy List.
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