Top Analyst Upgrades and Downgrades (ABB, BHI, BRCM, CREE, CSX, CVS, DO, INTC, NE, NSC, NVDA, STI, TLAB, RIG)

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By Jon C. Ogg Updated Published
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These are some of the top analyst upgrades, downgrades and initiations we have seen from Wall Street research calls this Tuesday morning:

ABB Ltd. (NYSE: ABB) Raised to Buy at Goldman Sachs.
Baker Hughes Inc. (NYSE: BHI) Cut to Market Perform at FBR.
Broadcom Corp. (NASDAQ: BRCM) Cut to Neutral at Susquehanna.
Cree Inc. (NASDAQ: CREE) Started as Buy at Wunderlich.
CSX Corp. (NYSE: CSX) Started as Buy at TD.
CVS Caremark Corporation (NYSE: CVS) Cut to Equal-weight at Morgan Stanley.
Diamond Offshore Drilling Inc. (NYSE: DO) Cut to Sell at Goldman Sachs.
Intel Corp. (NASDAQ: INTC) Cut to Neutral at Susquehanna.
Noble Corp. (NYSE: NE) Cut to Neutral at Goldman Sachs; Cut to Underperform at FBR.
Norfolk Southern Corp. (NYSE: NSC) Started as Buy at TD.
NVIDIA Corp. (NASDAQ: NVDA) Started as Negative at Susquehanna.
Suntrust Banks, Inc. (NYSE: STI) Raised to Hold at Stifel Nicolaus.
Tellabs Inc. (NASDAQ: TLAB) Cut to Equal-weight at Morgan Stanley.
Transocean Ltd. (NYSE: RIG) 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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