Top Analyst Upgrades & Downgrades (ADBE, AMD, ACAS, BCS, CPST, DNDN, XOM, FCX, GE, INTC, LOCM, MPEL, SYMC, TGT, VOD, WMT)

January 10, 2011 by Jon C. Ogg

These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms.

Adobe Systems Inc. (NASDAQ: ADBE) Raised to Buy with $35.50 target at BofA/ML.
Advanced Micro Devices, Inc. (NYSE: AMD) Raised to Buy at Nomura; Reiterated Buy at Gleacher with $12 target.
American Capital, Ltd. (NASDAQ: ACAS) Started as Overweight at JPMorgan.
Barclays PLC (NYSE: BCS) Raised to Buy at UBS.
Capstone Turbine Corp. (NASDAQ: CPST) Started as Buy at Merriman.
Dendreon Corporation (NASDAQ: DNDN) Reiterated Buy with $44 target at BofA/ML.
ExxonMobil Corporation (NYSE: XOM) Cut to Equal-Weight at Barclays.
Freeport-McMoRan Copper & Gold, Inc. (NYSE: FCX) Raised to Buy at Stifel.
General Electric Co. (NYSE: GE) Raised to Buy with $23 target at UBS.
Intel Corporation (NASDAQ: INTC) Reiterated Buy with $26 target at Argus; Reiterated Buy and raised target to $27 at Gleacher.
Local.com Corporation (NASDAQ: LOCM) Cut to Neutral at Merriman.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) Raised to Market Perform at Wells Fargo.
Symantec Corporation (NASDAQ: SYMC) Cut to Underperform at BofA/ML.
Target Corporation (NYSE: TGT) Raised to Buy at Goldman Sachs.
Vodafone Group PLC (NYSE: VOD) Raised to Outperform at Credit Suisse.
Wal-Mart Stores Inc. (NYSE: WMT) Cut to Neutral at Goldman Sachs.

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JON C. OGG

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