Top Analyst Upgrades and Downgrades (ALL, CAH, GE, MR, MON, OC, RNOW, SPG)
The week between Christmas and New Years is often a quiet week for research. That is the case here. These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Allstate Corporation (NYSE:…
Allstate Corporation (NYSE: ALL) Reiterated Outperform and $40 target at Credit Suisse.
Cardinal Health Inc. (NYSE: CAH) Reiterated Hold at Argus.
General Electric Co. (NYSE: GE) Maintained Hold at Argus.
Mindray Medical International Limited (NYSE: MR) Started as Buy at Jefferies.
Cardinal Health Inc. (NYSE: MON) Reiterated Hold at Argus.
Owens Corning (NYSE: OC) Maintained Neutral but Target raised to $33 at BofA/ML.
RightNow Technologies Inc. (NASDAQ: RNOW) Raised to Overweight at Piper Jaffray.
Simon Property Group. Inc. (NYSE: SPG) Reiterated Outperform with $122 target at Credit Suisse.
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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.