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Top 10 Analyst Upgrades and Downgrades (APC, CRUS, LULU, MPEL, NFLX, NTAP, ODP, POZN, VRTX, WX)

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By Jon C. Ogg Updated Published
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These are ten of the top analyst upgrades, downgrades, and initiations seen in Wall Street research calls this Friday:

Anadarko Petroleum Corporation (NYSE: APC) Raised to Overweight at JPMorgan.
Cirrus Logic Inc. (NASDAQ: CRUS) Cut to Buy from Strong Buy at Needham.
Lululemon Athletica (NASDAQ: LULU) Started as Hold at Jefferies.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) Target Cut to $4.80 from $5.60 at Credit Suisse.
Netflix, Inc. (NASDAQ: NFLX) Cut to Neutral at Merriman Curhan Ford.
NetApp, Inc. (NASDAQ: NTAP) Started as Positive at Susquehanna.
Office Depot, Inc. (NYSE: ODP) Raised to Perform at Oppenheimer.
POZEN, Inc. (NASDAQ: POZN) Raised to Hold at Jefferies.
Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) Started as Market Perform at Wells Fargo.
WuXi PharmaTech Inc. (NYSE: WX) Cut to Neutral at Goldman Sachs.

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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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