Top 10 Analyst Upgrades and Downgrades (BUD, BIDU, EBAY, EMC, FRX, MSFT, ORCL, PMT, SINA, SOHU)
These are this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Anheuser Busch InBev (NYSE: BUD) Started as Overweight at JPMorgan. Baidu Inc. (NASDAQ: BIDU) Started as Hold/$640 target at Auriga. eBay Inc. (NASDAQ: EBAY)…
These are this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls:
Anheuser Busch InBev (NYSE: BUD) Started as Overweight at JPMorgan.
Baidu Inc. (NASDAQ: BIDU) Started as Hold/$640 target at Auriga.
eBay Inc. (NASDAQ: EBAY) Cut to Hold at Kaufman Bros.
EMC Corp. (NYSE: EMC) Cut to Hold at Canaccord.
Forest Laboratories Inc. (NYSE: FRX) Cut to Hold at Lazard; Cut to Underperform at Piper Jaffray.
Microsoft Corporation (NASDAQ: MSFT) Started as Buy at Soleil.
Oracle Corp. (NASDAQ: ORCL) Started as Buy at Janney, although that was a late yesterday call; Started as Buy at Soleil.
PennyMac Mortgage Investment Trust (NYSE: PMT) Started as Outperform at KBW.
Sina Corp. (NASDAQ: SINA) Started as Buy/$50 target at Auriga.
Sohu.com (NASDAQ: SOHU) Started as Hold/$55 target at Auriga.
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JON C. OGG
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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.