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Top Analyst Upgrades & Downgrades (ACH, ARW, HBAN, KIRK, MPEL, PETM, PHM SINA, STLD)

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By Jon C. Ogg Updated Published

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Live from the Amsterdam Stock Exchange, or what is left of it, outside the NYSE Euronext HQ in Amsterdam… No Rembrandt, no Dutch East India Company, and not even Van Gogh… It is going to be a lite day on research calls as we are just ahead of a three-day weekend and some of us are  already away.  These are some of the top analyst upgrades and downgrades we have seen from Wall Street research calls this Thursday morning:

Aluminum Corporation Of China Limited (NYSE: ACH) Raised to Neutral at Goldman Sachs.
Arrow Electronics Inc. (NYSE: ARW) named as Bull of the Day at Zacks.
Huntington Bancshares Inc. (NASDAQ: HBAN) Raised to Buy at BofA/ML.
Kirkland’s, Inc. (NASDAQ: KIRK) named as Bear of the Day at Zacks.
Melco Crown PBL (NASDAQ: MPEL) Reiterated Buy and target raised to $12.40 at UBS.
PetSmart, Inc. (NASDAQ: PETM) Raised to Buy at Goldman Sachs.
PulteGroup, Inc. (NYSE: PHM) Cut to Hold at S&P Equity Research (late-Wednesday call).
SINA Corporation (NASDAQ: SINA) Cut to Sell at Goldman Sachs.
Steel Dynamics Inc. (NASDAQ: STLD) listed as a daily value stock at Zacks. 

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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