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Top Analyst Upgrades and Downgrades (AAI, D, ERTS, GBX, INTU, KBH, LVS, LDK, NEM, PHM, SPRD, STP, TSL, YGE)

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By Jon C. Ogg Updated Published

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

AirTran Holdings (NYSE: AAI) Cut to Neutral at JPMorgan; Cut to Neutral at UBS; Cut to Market Perform at Avondale.
Dominion Resources, Inc. (NYSE: D) Started as Neutral at Goldman Sachs.
Electronic Arts Inc. (NASDAQ: ERTS) Maintained Buy but cut target to $21 at Kaufman Bros.
Greenbrier Companies (NYSE: GBX) Raised to Outperform at Morgan Keegan.
Intuit Inc. (NASDAQ: INTU) Reiterated Outperform and raised target to $52 at Oppenheimer.
KB Home (NYSE: KBH) Cut to Sell at Goldman Sachs.
Las Vegas Sands (NYSE: LVS) Raised to Hold at KeyBanc.
LDK Solar Co., Ltd. (NYSE: LDK) Cut to Underweight at HSBC.
Newmont Mining Corporation (NYSE: NEM) Cut to Hold at Stifel Nicolaus.
PulteGroup (NYSE: PHM) Raised to Neutral at Goldman Sachs.
Spreadtrum Communications (NASDAQ: SPRD) Cut to Hold at Auriga.
SunTech Power Holdings Co., Ltd. (NYSE: STP) Cut to Neutral at HSBC.
Trina Solar Ltd. (NYSE: TSL) Cut to Underweight at HSBC.
Yingli Green Energy Holding Co., Ltd. (NYSE: YGE) Cut to Underweight at HSBC.

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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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