Top Analyst Upgrades & Downgrades (ARNA, BJ, BP, CEDC, GRMN, NVS, NVDA, PT)
The number of analyst calls ahead of the three-day weekend are fairly small, as you would expect. Some of this Friday’s top analyst research calls with upgrades, downgrades, and initiations seen from Wall Street firms are as follows: Arena Pharmaceuticals,…
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) Raised To Outperform at Leerink Swann.
BJ’s Wholesale Club Inc. (NYSE: BJ) Raised to Neutral at Goldman Sachs.
BP plc (NYSE: BP) Maintained Buy but target cut to $41 at Benchmark.
Central European Distribution Corp. (NASDAQ: CEDC) Raised to Overweight at JPMorgan.
Garmin Ltd. (NASDAQ: GRMN) Cut to Underperform at Bank of America/Merrill Lynch.
Novartis AG (NYSE: NVS) Raised to Buy at Soc-Gen.
NVIDIA Corp. (NASDAQ: NVDA) Cut targets by Needham.
Portugal Telecom SA (NYSE: PT) Raised to Buy at Citigroup.
JON C. OGG
Contact [email protected] for any questions or corrections.
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.
