Top Analyst Upgrades & Downgrades (ATVI, APC, BX, DG, DLTR, ERTS, HXL, KMT, MMC, NUAN, OREX, PFE, HK, PLXS, QCOM, WAG, WMT)

February 2, 2011 by Jon C. Ogg

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

Activision Blizzard, Inc. (NASDAQ: ATVI) Cut to Neutral at BofA/ML.
Anadarko Petroleum Corp. (NYSE: APC) Raised to Buy at Canaccord Genuity.
The Blackstone Group L.P. (NYSE: BX) Started as Outperform with $20 target at Credit Suisse.
Dollar General Corporation (NYSE: DG) Cut to Hold at Deutsche Bank.
Dollar Tree, Inc. (NASDAQ: DLTR) Cut to Neutral at Piper Jaffray.
Electronic Arts Inc. (NASDAQ: ERTS) Raised to Overweight at Piper Jaffray.
Hexcel Corporation (NYSE: HXL) Raised to Buy at BofA/ML.
Kennametal Inc. (NYSE: KMT) Cut to Neutral at BofA/ML.
Marsh & McLennan Companies, Inc. (NYSE: MMC) Started as Hold at Deutsche Bank.
Nuance Communications, Inc. (NASDAQ: NUAN) Cut to Sell at Goldman Sachs.
Orexigen Therapeutics, Inc. (NASDAQ: OREX) Cut to Hold at Jefferies.
Petrohawk Energy Corporation (NYSE: HK) Cut to Market Perform at BMO; Raised to Buy at SunTrust.
Pfizer Inc. (NYSE: PFE) Raised to Outperform at BMO.
Plexus Corporation (NASDAQ: PLXS) Cut to Underperform and called the Bear of the Day at Zacks Investment Research.
Qualcomm, Inc. (NASDAQ: QCOM) Raised to Outperform and called the Bull of the Day by Zacks Investment Research.
Walgreen Co. (NYSE: WAG) Raised to Hold at Citigroup.
Wal-Mart Stores, Inc. (NYSE: WMT) Cut to Hold at Deutsche Bank.

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JON C. OGG

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