Top Analyst Upgrades and Downgrades (ARO, ARRS, BIOD, XCO, INCY, LEAP, MPEL, PCS, SANM, S, TC, VZ)
These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Aeropostale, Inc. (NYSE: ARO) Cut to Underweight at KeyBanc. Arris Group Inc. (NASDAQ: ARRS) Started as Hold at Needham. Biodel, Inc. (NASDAQ:…
These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.
Aeropostale, Inc. (NYSE: ARO) Cut to Underweight at KeyBanc.
Arris Group Inc. (NASDAQ: ARRS) Started as Hold at Needham.
Biodel, Inc. (NASDAQ: BIOD) Cut to Neutral at JPMorgan; Cut to Neutral at Ledanberg Thalmann.
EXCO Resources Inc. (NYSE: XCO) Cut to Market Perform at BMO.
Incyte Corp. (NASDAQ: INCY) Cut to Market Perform at Leerink Swann.
Leap Wireless International Inc. (NASDAQ: LEAP) Started as Market Perform at William Blair.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) Raised to Buy at CLSA (Asia).
MetroPCS Communications, Inc. (NYSE: PCS) Started as Market Perform at William Blair.
Sanmina-SCI Corp. (NASDAQ: SANM) Cut to Hold at Collins Stewart.
Sprint Nextel (NYSE: S) Started as Underperform at William Blair.
Thompson Creek Metals Company Inc. (NYSE: TC) Raised to Outperform at RBC.
Verizon Communications (NYSE: VZ) Started as Market Perform at William Blair.
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JON C. OGG
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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.