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