Top Analyst Upgrades and Downgrades (AZN, EXFO, FTE, HCBK, LPX, PT, SNN, USB, VOD)

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By Jon C. Ogg Updated Published

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research early this Wednesday.  Some of the U.S. calls will get pretty thin as we get closer to July 4 weekend, which is why there is a large portion of ADRs in this mornings calls.

AstraZeneca plc (NYSE: AZN) Raised to Hold at Jefferies; Raised to Neutral at JPMorgan; Targets raised by Morgan Stanley.
EXFO Electro Optical Engineering Inc. (NASDAQ: EXFO) Raised to Buy at TD.
France Telecom S.A. (NYSE: FTE) Cut To Neutral at Goldman Sachs.
Hudson City Bancorp (NASDAQ: HCBK) Cut to Market Perform at FBR.
Louisiana-Pacific Corp. (NYSE: LPX) Raised to Sector Outperform at Scotia Capital.
Portugal Telecom SGPS, S.A. (NYSE: PT) Cut To Neutral From Buy By Goldman Sachs
Smith & Nephew plc (NYSE: SNN) Started At Buy By Jefferies
U.S. Bancorp (NYSE: USB) Raised to Outperform at FBR.
Vodafone plc (NYSE: VOD) Target Cut 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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