The research calls are running light as many markets either close early or are on very low volume with skeleton crews manning the trading desks. These are some of this Friday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.
Amazon.com Inc. (NASDAQ: AMZN) Maintained Hold at Argus.
Anadarko Petroleum Corp. (NYSE: APC) maintained Buy at BofA/ML, but the firm noted $110 as a starting point fair value M&A target late Thursday.
Biogen Idec, Inc. (NASDAQ: BIIB) Reiterated Neutral but raised target to $70 at BofA/ML.
China Real Estate Information Corporation (NASDAQ: CRIC) Started as Buy and $11.60 target at Jefferies.
Discover Financial Services (NYSE: DFS) Reiterated Outperform but Raised target to $22 at FBR.
Dr. Pepper Snapple (NYSE: DPS) Maintained Neutral but Cut target to $39 at Goldman Sachs.
E-House Holdings Ltd. (NYSE: EJ) Started as Buy and $21.50 target at Jefferies.
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JON C. OGG