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Top Analyst Upgrades & Downgrades (AU, CIM, EMC, GOOG, MRVL, SPR, TNK, TEX, VRSN)

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By Jon C. Ogg Published

These are some of this Wednesday’s top analyst research calls for upgrades, downgrades, and initiations:

AngloGold Ashanti Ltd. (NYSE: AU) Cut to Underperform at Credit Suisse.
Chimera Investment Corp. (NYSE: CIM) Started as Buy at Jefferies.
EMC Corp. (NYSE: EMC) Raised to Outperform at Oppenheimer.
Google Inc. (NASDAQ: GOOG) Cut estimates and Target (to $566 from $639) at JPMorgan.
Marvell Technology Group, Ltd. (NASDAQ: MRVL) Started as Neutral (late yesterday).
Spirit Aerosystems (NYSE: SPR) Raised to Buy at UBS.
Teekay Tankers Ltd. (NYSE: TNK) Started as Outperform at Oppenheimer.
Terex Corp. (NYSE: TEX) Cut to Hold at KeyBanc.
VeriSign Inc. (NASDAQ: VRSN) Raised to Outperform at Oppenheimer.

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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