These are ten of this Friday morning’s top analyst upgrades, downgrades and initiations seen from Wall Street research calls:
McDonald’s Corp. (NYSE: MCD) Started as Positive at Susquehanna.
Nalco Holding Co. (NYSE: NLC) Cut to Neutral at JPMorgan.
Prudential plc (NYSE: PUK) ADRs were resumed as a Buy rating at Citigroup.
Pioneer Natural Resources Co. (NYSE: PXD) Raised to Buy at Stifel Nicolaus.
Research-in-Motions Ltd. (NASDAQ: RIMM) Target cut to $70 from $75 at UBS.
Suntech Power Holdings (NYSE: STP) Maintained Buy but Cut target to $18 from $23 at Lazard.
STMicroelectronics NV (NYSE: STM) ARDs were Raised to Neutral at UBS.
YUM! Brands (NYSE: YUM) Started as Positive at Susquehanna.
U.S. Steel (NYSE: X) Maintained Buy but removed from Conviction Buy List at Goldman Sachs.
Wendy’s/Arby’s (NYSE: WEN) Started as Neutral at Susquehanna.
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JON C. OGG
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