Top Analyst Upgrades and Downgrades (AIXG, BK, COCO, EMC, GILD, MIR, MUR, NBG, NTAP, PNC, RRI, LCC, WERN)
These are some of the top analyst upgrades, downgrades, and initiations seen early this Tuesday morning in Wall Street research calls: Aixtron Aktiengesellschaft (NASDAQ: AIXG) Cut to Neutral at JPMorgan Cazenove. The Bank of New York Mellon Corporation (NYSE: BK)…
These are some of the top analyst upgrades, downgrades, and initiations seen early this Tuesday morning in Wall Street research calls:
Aixtron Aktiengesellschaft (NASDAQ: AIXG) Cut to Neutral at JPMorgan Cazenove.
The Bank of New York Mellon Corporation (NYSE: BK) Started as Buy at Jefferies.
Corinthian Colleges Inc. (NASDAQ: COCO) Cut to Hold at Argus.
EMC Corp. (NYSE: EMC) Cut to Neutral at JPMorgan.
Gilead Sciences Inc. (NASDAQ: GILD) Raised to Hold from Sell at Morgan Joseph.
Mirant Corporation (NYSE: MIR) Raised to Neutral from Sell at UBS.
Murphy Oil Corporation (NYSE: MUR) Raised to Hold from Sell at Benchmark.
National Bank of Greece SA (NYSE: NBG) Cut to Underweight at JPMorgan Cazenove; Citigroup cut price target but kept at Buy rating.
NetApp, Inc. (NASDAQ: NTAP) Raised to Overweight at JPMorgan.
PNC Financial Services Group (NYSE: PNC) Raised to Outperform at KBW.
RRI Energy (NYSE: RRI) Raised to Neutral from Sell at UBS.
US Airways Group (NYSE: LCC) Raised to Overweight at JPMorgan.
Werner Enterprises (NASDAQ: WERN) Raised to Buy at KeyBanc.
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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.