Top Analyst Upgrades and Downgrades (ABB, AEIS, CROX, FSYS, MELI, PCS, PMI, RDN, GOLD, SQNM, UHS)

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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 Friday morning:

ABB Ltd. (NYSE: ABB) Started as Buy at ING.
Advanced Energy Industries, Inc. (NASDAQ: AEIS) Started as Buy at Merriman Curhan Ford.
Crocs, Inc. (NASDAQ: CROX) Reiterated Overweight but target raised to $13 from $9 at Piper Jaffray.
Fuel Systems Solutions, Inc. (NASDAQ: FSYS) Cut to Hold at Canaccord.
Mercadolibre, Inc. (NASDAQ: MELI) Raised to Positive at Susquehanna.
MetroPCS Communications Inc. (NYSE: PCS) Reiterated Buy and Target raised to $11 from $9 at Auriga; Raised to Strong Buy at S&P.
PMI Group Inc. (NYSE: PMI) Raised to Outperform at KBW.
Radian Group Inc. (NYSE: RDN) Raised to Outperform at KBW.
Randgold Resources Ltd. (NASDAQ: GOLD) Cut to Market Weight at Thomas Weisel.
Sequenom Inc. (NASDAQ: SQNM) Reiterated HOLD and $4 target at Auriga.
Universal Health Services (NYSE: UHS) Raised to Outperform at Wells Fargo.

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JON C. OGG

Photo of Jon C. Ogg
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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