Top Analyst Upgrades and Downgrades (AYR, ARBA, AFFY, AIPC, BIG, BVF, ETR, FTI, LNCR, NOV, RYAAY)

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

Aircastle Ltd. (NYSE: AYR) Started as Outperform at Wells Fargo.
Ariba Inc. (NASDAQ: ARBA) Raised to Overweight at JPMorgan.
Affymax, Inc. (NASDAQ: AFFY) Cut to Market Weight at Thomas Weisel.
American Italian Pasta Co. (NASDAQ: AIPC) Cut to Neutral at Janney; Cut to Hold at BB&T Capital.
Big Lots Inc. (NYSE: BIG) Cut to Neutral at JPMorgan.
Biovail Corporation (NYSE: BVF) Cut to Neutral at Piper Jaffray.
Entergy Corporation (NYSE: ETR) Cut to Neutral at Citigroup.
FMC Technologies, Inc. (NYSE: FTI) Raised to Buy at Citigroup.
Lincare Holdings Inc. (NASDAQ: LNCR) Raised to Buy at Deutsche Bank.
National Oilwell Varco, Inc. (NYSE: NOV) Cut to Hold at Citigroup.
Ryanair Holdings plc (NASDAQ: RYAAY) Cut to Neutral at JPMorgan.

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JON C. OGG