Top 10 Analyst Upgrades and Downgrades (AAPL, ARMH, BIDU, CIT, DRIV, VTIV, OXGN, PSYS, RIMM, WLP)

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By Jon C. Ogg Updated Published

These are this Wednesday’s top ten analyst calls for upgrades, downgrades, and initiations seen in early Wall Street research calls:

Apple Inc. (NASDAQ: AAPL) Started as Outperform at BNP Paribas (overseas).
ARM Holdings (NASDAQ: ARMH) Cut to Hold at Deutsche Bank.
Baidu, Inc. (NASDAQ: BIDU) Reiterated Buy at Deutsche Bank, but target raised to $752 per share.
CIT Group, Inc. (NYSE: CIT) Started as Market Perform at KBW.
Digital River, Inc. (NASDAQ: DRIV) Raised to Outperform at FBR Capital Markets.
inVentiv Health (NASDAQ: VTIV) target raised to $27 from $20 and Maintained Buy at Auriga.
Oxigene Inc. (NASDAQ: OXGN) Started as Buy at Roth Capital.
Psychiatric Solutions, Inc. (NASDAQ: PSYS) Cut to Underweight at Piper Jaffray.
Research-in-Motion Ltd. (NASDAQ: RIMM) Started as Outperform at BNP Paribas; R-I-M was Suspended from coverage at Auriga, but kept at Hold and $71 price target.
WellPoint Inc. (NYSE: WLP) Raised to Outperform at BMO Capital.

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JON C. OGG

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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