Top Analyst Upgrades & Downgrades (BHP, BA, SCHW, CHA, CMED, LFC, CIT, CREE, KONG, PAYX, HTM)

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By Jon C. Ogg Updated Published

These are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls:

BHP Billiton plc (NYSE: BHP) Target raised overseas by UBS.
Boeing Co. (NYSE: BA) Maintain Conviction Buy and Raised estimates by Goldman Sachs.
Charles Schwab Corp. (NASDAQ: SCHW) Cut to Equal-Weight at Morgan Stanley.
China Telecom (NYSE: CHA) Upgraded To Overweight From Neutral By HSBC
China Medical Tech (NASDAQ: CMED) Started At Buy; Target US$16 By Deutsche Bank
China Life Insurance Co. Ltd. (NYSE: LFC) Cut To Neutral Vs Outperform By Credit Suisse.
CIT Group (NYSE: CIT) Started as Neutral at Buckingham.
Cree Inc. (NASDAQ: CREE) Started as Overweight at Morgan Stanley.
KongZhong Corp. (NASDAQ: KONG) Cut to Hold at Roth Capital.
Paychex Inc. (NASDAQ: PAYX) Raised to Hold at Deutsche Bank.
U.S. Geothermal Inc. (AMEX: HTM) Started as Outperform with $1.25 target at Raymond James.

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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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