Top Analyst Upgrades and Downgrades (ARG, AGNC, BRCM, CIM, CME, FSLR, HBAN, ICE, MNKD, MCD, MFA, MGI, NFLX, NTAP, ORCL, SNCR, VRTX)

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By Jon C. Ogg Updated Published

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These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.

Airgas Inc. (NYSE: ARG) Raised to Overweight at Piper Jaffray.
American Capital Agency Corp. (NASDAQ: AGNC) Started as Outperform at Credit Suisse.
Broadcom Corporation (NASDAQ: BRCM) reiterated Buy and $50 target at Argus.
Chimera Investment Corporation (NYSE: CIM) Raised to Outperform at Credit Suisse.
CME Group Inc. (NYSE: CME) Raised to Buy at BofA/ML.
First Solar Inc. (NASDAQ: FSLR) Reiterated Buy at Argus.
Huntington Bancshares Inc. (NASDAQ: HBAN) Raised to Buy at BofA/ML.
IntercontinentalExchange Inc. (NYSE: ICE) Reinstated as Buy at BofA/ML.
MannKind Corp. (NASDAQ: MNKD) Cut to Neutral at BofA/ML.
McDonald’s Corporation (NYSE: MCD) Reiterated Outperform at Credit Suisse.
MFA Financial, Inc. (NYSE: MFA) Cut to Neutral at Credit Suisse.
Moneygram International Inc. (NYSE: MGI) Started as Buy and $3.40 target at BofA/ML.
Netflix, Inc. (NASDAQ: NFLX) Started as Neutral at Goldman Sachs.
NetApp, Inc. (NASDAQ: NTAP) Raised to Buy at Stifel Nicolaus.
Oracle Corporation (NASDAQ: ORCL) Reiterated Buy and Raised target to $39 at Argus.
Synchronoss Technologies, Inc. (NASDAQ: SNCR) Started as Outperform and $34 target at Credit Suisse.
Vertex Pharmaceuticals, Inc. (NASDAQ: VRTX) Reiterated Buy and $43 target at BofA/ML.

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JON C. OGG

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About the Author Jon C. Ogg →

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.

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