Top 10 Analyst Upgrades and Downgrades (C, DRI, DLTR, FDO, FMCN, NITE, MA, PFE, PG, VLCM)

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By Jon C. Ogg Updated Published

These are ten of the top analyst upgrades, downgrades, and initiations seen early this Friday morning in Wall Street research calls:

Citigroup, Inc. (NYSE: C) Started as Strong Buy at Raymond James (late yesterday call).
Darden Restaurants, Inc. (NYSE: DRI) Cut to Market Perform at Bernstein.
Dollar Tree Inc. (NASDAQ: DLTR) Cut to Equal Weight at Morgan Stanley. Raised to Buy at Jefferies.
Family Dollar Stores Inc. (NYSE: FDO) Raised to Overweight at JPMorgan.
Focus Media Holding Ltd. (NASDAQ: FMCN) reiterated Buy and raises target to $24 from $23 at Auriga.
Knight Capital Group Inc. (NASDAQ: NITE) Raised to Outperform at BMO.
Mastercard Incorporated (NYSE: MA) Raised to BUy at Janney.
Pfizer Inc. (NYSE: PFE) STarted as Buy at Jefferies.
Procter & Gamble (NYSE: PG) Started as Buy at Janney.
Volcom Inc. (NASDAQ: VLCM) Cut to Underweight at KeyBanc.

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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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