Top Analyst Upgrades and Downgrades (ADBE, AA, AAPL, ARRY, CHK, CMG, EMC, HOV, MTG, SNDK, SPG)

These are some of the key research calls from this Thursday’s analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Adobe Systems Inc. (NASDAQ: ADBE) Reiterated Buy but added to Conviction Buy List at Goldman Sachs. Alcoa, Inc.…

Published April 22, 2010, 8:19am ET · 1 min read

These are some of the key research calls from this Thursday’s analyst upgrades, downgrades, and initiations seen from Wall Street research calls:

Adobe Systems Inc. (NASDAQ: ADBE) Reiterated Buy but added to Conviction Buy List at Goldman Sachs.
Alcoa, Inc. (NYSE: AA) Raised to Neutral at HSBC.
Apple Inc. (NASDAQ: AAPL) technical price target issued at $320 to $230 at INO (short affiliate audio-video).
Array Biopharma, Inc. (NASDAQ: ARRY) Cut to Neutral at UBS.
Chesapeake Energy Corporation (NYSE: CHK) Started as Neutral at Susquehanna.
Chipotle Mexican Grill, Inc. (NYSE: CMG) Raised to Buy from Underperform at Jefferies; Raised to Perform at Oppenheimer.
EMC Corp. (NYSE: EMC) Maintained Buy but removed from Conviction Buy List at Goldman Sachs.
Hovnanian Enterprises, Inc. (NYSE: HOV) Cut to Sell at UBS.
MGIC Investment Corporation (NYSE: MTG) Raised to Outperform at KBW.
SanDisk Corporation (NASDAQ: SNDK) Maintained Sell with $31 target at Auriga.
Simon Property Group Inc. (NYSE: SPG) Started as Hold at Jefferies.

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JON C. OGG

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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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