Top Analyst Upgrades & Downgrades (BYD, BKE, CSIQ, CLNE, ENER, ESLR, HANS, IM, JCP, MBT, PL, USI, VLO)

March 11, 2011 by Jon C. Ogg

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

Boyd Gaming Corp. (NYSE: BYD) Reiterated Outperform at Credit Suisse.
The Buckle Inc. (NYSE: BKE) Raised to Hold at S&P Equity Research (late-Thursday call).
Canadian Solar, Inc. (NASDAQ: CSIQ) Maintained Buy with $20 target at Auriga.
Clean Energy Fuels Corp. (NASDAQ: CLNE) Maintained Neutral, lowered estimates, but Raised target to $15 at BofA/ML.
Energy Conversion Devices, Inc. (NASDAQ: ENER) maintained Neutral but target cut to $2.50 at Credit Suisse.
Evergreen Solar Inc. (NASDAQ: ESLR) Cut to Underweight at JPMorgan.
Hansen Natural Corporation (NASDAQ: HANS) Cut to Neutral at Goldman Sachs.
Ingram Micro Inc. (NYSE: IM) Raised to Buy at S&P Equity Research (late-Thursday call).
J.C. Penney Co., Inc. (NYSE: JCP) named Bull of the Day at Zacks Investment Research.
Mobile Telesystems (NYSE: MBT) Raised to Outperform at Credit Suisse.
Protective Life Corp. (NYSE: PL) Raised to Neutral at BofA/ML.
Unisys Corporation (NYSE: UIS) Raised to Hold at S&P Equity Research (late-Thursday call).
Valero Energy Corporation (NYSE: VLO) Reiterated Outperform and target raised to $41 at Credit Suisse.

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JON C. OGG

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