Top Analyst Upgrades and Downgrades (ABT, ALU, ATI, CSCO, EL, F, GRMN, GMR, MOT, QCOM, RIMM, SAP, STP, SVN, TIVO)
These are some of this Thursday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.
Abbott Laboratories (NYSE: ABT) Cut to Market Perform at Bernstein.
Alcatel-Lucent (NYSE: ALU) Cut to Underperform at Credit Suisse.
Allegheny Technologies Inc. (NYSE: ATI) Raised to Overweight at JPMorgan.
Cisco Systems Inc. (NASDAQ: CSCO) Cut to Underperform at First Global.
Estee Lauder Companies Inc. (NYSE: EL) Raised to Perform at Oppenheimer.
Ford Motor Co. (NYSE: F) Cut to Hold from Buy at S&P Equity Research (late Wednesday call ahead of GM IPO).
Garmin Ltd. (NASDAQ: GRMN) Started as Sell at Stifel Nicolaus.
General Maritime Corp. (NYSE: GMR) Cut to Market Perform at Wells Fargo.
Motorola Inc. (NYSE: MOT) Started as Buy at Stifel Nicolaus.
QUALCOMM Incorporated (NASDAQ: QCOM) Raised to Outperform at Credit Suisse.
Research In Motion Ltd. (NASDAQ: RIMM) Cut to Hold and target cut to $45 from $65 at Stifel Nicolaus.
SAP AG (NYSE: SAP) Started as Market Perform at BMO.
Suntech Power Holdings Co., Ltd. (NYSE: STP) Raised to Hold at Citi after a rival downgrade killed solar stocks yesterday.
7 Days Group (NYSE: SVN) Cut to Equal-weight at Morgan Stanley.
TiVo Inc. (NASDAQ: TIVO) Started as Hold at Stifel Nicolaus.
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JON C. OGG