Top Analyst Upgrades & Downgrades (CELG, CHK, CIEN, FLEX, GES, LULU, NVDA, RL, RHT, SKS, CRM, STRA, TLAB, ZLC)

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By Jon C. Ogg Updated Published

Jon Ogg
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning.

Celgene Corporation (NASDAQ: CELG) Cut to Sector Perform at RBC.
Chesapeake Energy Corporation (NYSE: CHK) Raised to Buy at Canaccord Genuity.
Ciena Corporation (NASDAQ: CIEN) Started as Outperform at Wells Fargo.
Flextronics International Ltd. (NASDAQ: FLEX) Raised to Buy at Collins Stewart.
Guess? Inc. (NYSE: GES) Removed from Focus List at Credit Suisse.
Lululemon Athletica (NASDAQ: LULU) Cut to Underperform at BofA/ML.
NVIDIA Corporation (NASDAQ: NVDA) Raised to Outperform as Bull of the Day at Zacks.
Polo Ralph Lauren Corp. (NYSE: RL) Removed from Focus List at Credit Suisse.
Red Hat, Inc. (NYSE: RHT) Cut to Underweight at JPMorgan.
Saks Incorporated (NYSE: SKS) Raised to Neutral at BofA/ML.
Salesforce.com (NYSE: CRM) Raised to Buy at S&P Equity Research (late-Wednesday call).
Strayer Education Inc. (NASDAQ: STRA) maintained Underperform as Bear of the Day at Zacks.
Tellabs Inc. (NASDAQ: TLAB) Started as Market Perform at Wells Fargo.
Zale Corporation (NYSE: ZLC) Raised to Neutral 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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