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Top Analyst Upgrades and Downgrades (ACI, ARMH, CSIQ, CAT, CAL, ELN, EXPE, GPS, PCS, BTU, STJ, VRTX)

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By Jon C. Ogg Updated Published
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These are this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls:

Arch Coal Inc. (NYSE: ACI) Raised to Buy at Citigroup.
ARM Holdings (NASDAQ: ARMH) Cut to Sell at Citigroup.
Canadian Solar Inc. (NASDAQ: CSIQ) Cut To Equal-Weight at Morgan Stanley.
Caterpillar Inc. (NYSE: CAT) Raised to Outperform at Baird.
Continental Airlines, Inc. (NYSE: CAL) Raised to Buy at Stifel Nicolaus.
Elan Corp. (NYSE: ELN) Started as Market Perform at Wells Fargo.
Expedia Inc. (NASDAQ: EXPE) Raised to Overweight at Piper Jaffray.
Gap Inc. (NYSE: GPS) Raised to Overweight at Piper Jaffray.
MetroPCS (NYSE: PCS) Raised to BUy at Auriga.
Peabody Energy (NYSE: BTU) Raised to Hold at Citigroup.
St. Jude Medical (NYSE: STJ) Raised to Buy at Jefferies.
Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) Cut to Neutral at JPMorgan.

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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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