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Top Analyst Upgrades and Downgrades (ALKS, MO, BBY, FDO, N, PRX, PCLN, PLD, SYY, TLAB)

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By Jon C. Ogg Updated Published

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

Alkermes, Inc. (NASDAQ: ALKS) Started as Buy at UBS.
Altria Group Inc.(NYSE: MO) Cut to Hold at Deutsche Bank.
Best Buy Co. Inc. (NYSE: BBY) Raised to Top Pick at RBC.
Family Dollar Stores, Inc. (NYSE: FDO) Raised to Buy at S&P Equity Research (late Weds call).
NetSuite Inc. (NYSE: N) Cut to Hold at Needham.
Par Pharmaceutical Companies inc. (NYSE: PRX) Started as Buy at UBS.
Priceline.com Inc. (NASDAQ: PCLN) Target raised to $413 at JPMorgan.
ProLogis Trust (NYSE: PLD) Raised to Buy at Stifel Nicolaus.
Sysco Corporation (NYSE: SYY) Cut to Hold at Citigroup.
Tellabs Inc. (NASDAQ: TLAB) Cut to Market Perform at Morgan Keegan.

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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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