Top Analyst Upgrades and Downgrades (AMAT, BBY, EXPE, FCX, KLAC, LXK, MPEL, NUE, RADS, SAP, X, VCLK)

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By Jon C. Ogg Updated Published

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

Applied Materials Inc. (NASDAQ: AMAT) Started as Underperform at BNP Paribas.
Best Buy Co. Inc. (NYSE: BBY) Raised to Outperform at Oppenheimer.
Expedia Inc. (NASDAQ: EXPE) Cut to Neutral at Susquehanna.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) Raised to Buy at Goldman Sachs.
KLA-Tencor Corporation (NASDAQ: KLAC) Started as Equal-weight at BNP Paribas.
Lexmark International (NYSE: LXK) Started At Neutral By Susquehanna
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) Raised Target at Citigroup.
Nucor (NYSE: NUE) Cut to Neutral at Goldman Sachs.
Radiant Systems Inc. (NASDAQ: RADS) Started as Buy at Jefferies.
SAP AG (NYSE: SAP) Raised to Equal-Weight at Morgan Stanley.
U.S. Steel Corporation (NYSE: X) Cut to Neutral at Goldman Sachs.
ValueClick, Inc. (NASDAQ: VCLK) Raised to Buy at Benchmark Capital.

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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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