Top Analyst Upgrades & Downgrades (BP, CIEN, IGT, JASO, MRO, MBI, RHT, CRM, STX, STM, STRA, TLAB, TSO, VZ, WDC)

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By Jon C. Ogg Updated Published

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

BP plc (NYSE: BP) Cut to Hold at Societe Generale.
CIENA Corporation (NASDAQ: CIEN) Cut to Neutral at BofA/ML.
International Gaming Technology (NYSE: IGT) Raised to Hold at Argus.
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) Cut to Neutral at Collins Stewart.
Marathon Oil Corporation (NYSE: MRO) Raised to Overweight at Morgan Stanley.
MBIA Inc. (NYSE: MBI) Raised to Hold at S&P Equity Research (late Tuesday call)..
Red Hat, Inc. (NYSE: RHT) Raised to Buy at Stifel Nicolaus.
Salesforce.com (NYSE: CRM) Raised to Buy at Roth Capital.
Seagate Technology PLC (NASDAQ: STX) Raised to Buy at BofA/ML.
STMicroelectronics NV (NYSE: STM) Cut to Sell at S&P Equity Research.
Strayer Education Inc. (NASDAQ: STRA) Cut to Underperform and listed as Bear of the Day at Zacks.
Tellabs Inc. (NASDAQ: TLAB) Cut to Underperform at BofA/ML.
Tesoro Corporation (NYSE: TSO) Raised to Outperform and called Bull of the Day at Zacks.
Verizon Communications Inc. (NYSE: VZ) Raised to Buy at Goldman Sachs.
Western Digital Corporation (NYSE: WDC) Raised to Buy 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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