Top Analyst Upgrades and Downgrades (AEO, BMY, CAGC, CEO, STZ, FO, HL, MHS, WFR, SQNM, X, WAG)

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By Jon C. Ogg Updated Published

These are some of this Friday’s top analyst calls with upgrades, downgrades, and initiations seen in Wall Street research notes:

American Eagle Outfitters, Inc. (NYSE: AEO) Raised to Buy at Jefferies.
Bristol-Myers Squibb Company (NYSE: BMY) Raised to Buy at Citigroup.
China Agritech Inc. (NASDAQ: CAGC) Started as Buy at Brean Murray.
CNOOC Ltd. (NYSE: CEO) Removed from Goldman Sachs Conviction Buy List.
Constellation Brands Inc. (NYSE: STZ) Started as Buy at Citigroup.
Fortune Brands Inc. (NYSE: FO) Started as Sell at Citigroup.
Hecla Mining Co. (NYSE: HL) Started as Buy at Jefferies.
Medco Health Inc. (NYSE: MHS) Raised to Buy at Goldman Sachs.
MEMC Electronic Materials Inc. (NYSE: WFR) Cut to Sell at Hapoalim.
Sequenom Inc. (NASDAQ: SQNM) Raised to Buy at Auriga.
United States Steel Corp. (NYSE: X) Raised to Neutral from Sell at UBS.
Walgreen Co. (NYSE: WAG) Cut to Market Weight at Thomas Weisel.

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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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