Top Analyst Upgrades and Downgrades (BUD, AAPL, CELL, ENER, HD, HCBK, MSFT, MOT, NVTL, PRI, RIMM, SWIR, WAG)

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

Anheuser-Busch InBev (NYSE: BUD) Raised to Buy at Stifel Nicolaus.
Apple Inc. (NASDAQ: AAPL) Started as Buy at Jefferies.
Brightpoint Inc. (NASDAQ: CELL) Started as Buy at Jefferies.
Energy Conversion Devices, Inc. (NASDAQ: ENER) Started as Sell at Hapoalim.
The Home Depot, Inc. (NYSE: HD) Cut to Neutral at Goldman Sachs.
Hudson City Bancorp (NASDAQ: HCBK) Cut to Neutral at Susquehanna.
Microsoft Corporation (NASDAQ: MSFT) Cut to Neutral at Janney.
Motorola Inc. (NYSE: MOT) Started as Hold at Jefferies.
Novatel Wireless Inc. (NASDAQ: NVTL) Started as Hold at Jefferies.
Primerica, Inc. (NYSE: PRI) Raised to Market Perform at Wells Fargo.
Research In Motion Ltd. (NASDAQ: RIMM) Started as Hold at Jefferies.
Sierra Wireless Inc. (NASDAQ: SWIR) Started as Buy at Jefferies.
Walgreen Co. (NYSE: WAG) Raised to Buy at Jefferies.

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