Top Analyst Upgrades and Downgrades (AMZN, MT, CVS, DELL, FDX, GERN, GFIG, HPQ, RTP, UPS, WAG, WFC, WFMI)

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By Jon C. Ogg Updated Published

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

Amazon.com Inc. (NASDAQ: AMZN) Started as Buy at Stifel Nicolaus.
ArcelorMittal (NYSE: MT) Cut to Neutral at BofA/Merrill Lynch.
CVS Caremark Corporation (NYSE: CVS) Started as Positive at Susquehanna.
Dell Inc. (NASDAQ: DELL) Raised to Buy at Standpoint Research.
FedEx Corporation (NYSE: FDX) Raised to Buy at Stifel Nicolaus.
Geron Corp. (NASDAQ: GERN) Started as Buy at Roth.
GFI Group (NASDAQ: GFIG) Raised to Outperform at KBW.
Hewlett-Packard Co. (NYSE: HPQ) Raised to Buy at Standpoint Research.
Rio Tinto plc (NYSE: RTP) Cut to Neutral at BofA/Merrill Lynch.
United Parcel Service, Inc. (NYSE: UPS) Raised to Buy at Stifel Nicolaus.
Walgreen Co. (NYSE: WAG) Started as Positive at Susquehanna.
Wells Fargo & Co. (NYSE: WFC) Raised to Outperform at KBW.
Whole Foods Market, Inc. (NASDAQ: WFMI) Started as Positive at Susquehanna.

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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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