Top Analyst Upgrades and Downgrades (ADI, ABX, BRCM, DVA, FTNT, GRS, GM, GG, HNT, HMIN, NEM, POT, SVVS, SPWRA, STP, X, YGE)
These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.
Analog Devices Inc. (NYSE: ADI) Reiterated Buy but raised target to $46 at Gleacher & Co.
Barrick Gold Corporation (NYSE: ABX) Started as Overweight at HSBC.
Broadcom Corporation (NASDAQ: BRCM) Started as Buy at Gleacher & Co.
DaVita, Inc. (NYSE: DVA) Started as Neutral at Baird.
Fortinet Inc. (NASDAQ: FTNT) Started as Buy at Needham.
Gammon Gold, Inc. (NYSE: GRS) Raised to Buy at Canaccord Genuity.
General Motors Corporation (NYSE: GM) Started as Hold at S&P Equity research (Details of the late Monday call).
Goldcorp (NYSE: GG) Started as Neutral at HSBC.
Health Net Inc. (NYSE: HNT) Cut to Hold at Stifel Nicolaus.
Home Inns & Hotels Management Inc. (NASDAQ: HMIN) Started as Overweight at JPMorgan.
Newmont Mining Corporation (NYSE: NEM) Started as Overweight at HSBC.
Potash Corp. of Saskatchewan (NYSE: POT) Raised target to $155 at TD.
SAVVIS Inc. (NASDAQ: SVVS) Raised to Outperform at William Blair.
SunPower Corporation (NASDAQ: SPWRA) Maintained hold but cut target to $11 at Auriga.
Suntech Power Holdings Co. Ltd. (NYSE: STP) Maintained neutral but cut target to $8.50 at HSBC.
United States Steel Corp. (NYSE: X) Cut to Hold at S&P Equity Research (late yesterday call).
Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) Maintained underweight and cut target to $8.10 at HSBC.
You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.
JON C. OGG