These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.
Advanced Micro Devices, Inc. (NYSE: AMD) Cut to Market Perform at JMP Securities.
Baidu, Inc. (NASDAQ: BIDU) Started as Buy at Stifel Nicolaus.
China Hydroelectric Corp. (NYSE: CHC) Started as Buy at Roth Capital.
Corning Inc. (NYSE: GLW) Cut to Perform at Oppenheimer.
Ctrip.com International (NASDAQ: CTRP) Started as Buy at Stifel Nicolaus.
CSX Corp. (NYSE: CSX) Raised to Neutral at Goldman Sachs.
Discovery Communications (NASDAQ: DISCA) Raised to Outperform at Cowen.
First Solar Inc. (NASDAQ: FSLR) Cut to Neutral at Credit Suisse.
GameStop Corporation (NYSE: GME) Raised to Outperform at Credit Suisse.
Honeywell International Inc. (NYSE: HON) Raised to Outperform at RBC.
Human Genome Sciences, Inc. (NASDAQ: HGSI) Cut to Hold at Citi; Cut to Underperform at BofA/ML.
KeyCorp (NYSE: KEY) Cut to Neutral at Credit Suisse.
Norfolk Southern Corp. (NYSE: NSC) Cut to Sell at Goldman Sachs.
Perfect World Co., Ltd. (NASDAQ: PWRD) Cut to Sell at Citi; Cut to Underperform at Credit Suisse.
SAVVIS Inc. (NASDAQ: SVVS) Raised to Buy at Kaufman Bros.
Sears Holdings Corporation (NASDAQ: SHLD) Maintain Underperform but Cut target to $55 at Credit Suisse.
Sina Corp. (NASDAQ: SINA) Started as Buy at Stifel Nicolaus.
Sterling Bancshares, Inc. (NASDAQ: SBIB) Cut to Perform at Oppenheimer.
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JON C. OGG