Top Analyst Upgrades and Downgrades (CSIQ, ITMN, COCO, ERTS, MLM, MPEL, MRK, MYGN, SOLF, S, TSL, WFMI, YHOO)

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By Jon C. Ogg Updated Published

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning:

Canadian Solar, Inc. (NASDAQ: CSIQ) Raised to Buy but lowered price target to $21 from $25 at Auriga; Started as Market Perform at Wells Fargo.
InterMune Inc. (ITMN) Cut to Perform at Oppenheimer; Cut to Hold at Canaccord (more downgrades obvious today).
Corinthian Colleges Inc. (NASDAQ: COCO) Cut to Underperform at FBR.
Electronic Arts Inc. (NASDAQ: ERTS) Raised to Neutral at Piper Jaffray.
Martin Marietta Materials Inc. (NYSE: MLM) Cut to Sell at Citigroup.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) Cut to Sell from Neutral at Goldman Sachs.
Merck & Co. (NYSE: MRK) Cut to Neutral from Conviction Buy List at Goldman Sachs.
Myriad Genetics Inc. (NASDAQ: MYGN) Cut to Market Perform at Leerink Swann.
Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF) Started as Outperform at Wells Fargo.
Sprint Nextel Corp. (NYSE: S) Raised to Buy from Hold at Deutsche Bank.
Trina Solar Ltd. (NYSE: TSL) Started as Outperform at Wells Fargo.
Whole Foods Market, Inc. (NASDAQ: WFMI) Started as Neutral at Northcoast.
Yahoo! Inc. (NASDAQ: YHOO) Reiterated Overweight at Piper Jaffray.

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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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