Top Analyst Upgrades and Downgrades (AKAM, MT, COP, DYN, EP, GBL, LLNW, MON, PVH, RAX, SLW, CODE, UNH, UNP, WLP)
These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Akamai Technologies Inc. (NASDAQ: AKAM) Cut to Perform at Oppenheimer. ArcelorMittal (NYSE: MT) Cut to Hold at Citigroup. ConocoPhillips (NYSE: COP) Reiterated…
Akamai Technologies Inc. (NASDAQ: AKAM) Cut to Perform at Oppenheimer.
ArcelorMittal (NYSE: MT) Cut to Hold at Citigroup.
ConocoPhillips (NYSE: COP) Reiterated Buy and $72 target at Argus.
Dynegy Inc. (NYSE: DYN) Raised to Overweight at JPMorgan.
El Paso Corp. (NYSE: EP) Started as Positive at Susquehanna.
GAMCO Investors, Inc. (NYSE: GBL) Raised to Neutral at BofA/ML.
Limelight Networks, Inc. (NASDAQ: LLNW) Cut to Underperform at Oppenheimer.
Monsanto Co. (NYSE: MON) Cut to Hold at Deutsche Bank.
Phillips-Van Heusen Corp. (NYSE: PVH) Raised to Buy at Citi.
Rackspace Hosting, Inc. (NYSE: RAX) Cut to Equal-weight at Morgan Stanley.
Silver Wheaton Corp. (NYSE: SLW) Maintained Buy but Target Raised to $35 at UBS.
Spansion Inc. (NASDAQ: CODE) Started as Buy and $28 target at Gleacher & Co.
UnitedHealth Group, Inc. (NYSE: UNH) Cut to Hold at Stifel Nicolaus.
Union Pacific Corporation (NYSE: UNP) Raised to Outperform at Baird.
WellPoint, Inc. (NYSE: WLP) Cut To Hold From Buy By Stifel Nicolaus
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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.