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Top Analyst Upgrades & Downgrades (APD, MO, ARMH, ATHN, BRCD, CPO, GE, HON, IR, MGM, MS, NFLX, OXY, PAAS, CODE, VICL, WYNN, YUM)

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

Air Products & Chemicals Inc. (NYSE: APD) Reiterated Buy and $108 target at Argus.
Altria Group Inc. (NYSE: MO) Cut to Hold at Argus.
ARM Holdings plc (NASDAQ: ARMH) Raised target and estimates at Citigroup.
Athenahealth, Inc. (NASDAQ: ATHN) Started as Underperform at Oppenheimer.
Brocade Communications Systems, Inc. (NASDAQ: BRCD) Raised to Outperform at Baird.
Corn Products International Inc. (NYSE: CPO) Cut to Hold at S&P Equity Research (late-Monday call).
General Electric Co. (NYSE: GE) Reiterated Buy with $26 target at Argus.
Honeywell International Inc. (NYSE: HON) Reiterated Buy and Raised target to $70 at Argus.
Ingersoll-Rand Plc (NYSE: IR) Raised to Buy at BofA/ML.
MGM Resorts International (NYSE: MGM) Cut to Underperform with $11 target at Credit Suisse.
Morgan Stanley (NYSE: MS) maintained Underperform as Bear of the Day at Zacks.
Netflix, Inc. (NASDAQ: NFLX) Cut to Sell with $170 target at Janney; reiterated Outperform at Credit Suisse.
Occidental Petroleum Corporation (NYSE: OXY) Raised to Buy at Deutsche Bank.
Pan American Silver Corp. (NASDAQ: PAAS) Raised to Buy at Jefferies.
Spansion Inc. (NASDAQ: CODE) Reiterated Buy and $28 target at Gleacher & Co.
Vical Inc. (NASDAQ: VICL) Started as Buy at Canaccord.
Wynn Resorts, Ltd. (NASDAQ: WYNN) maintained Outperform as Bull of the Day at Zacks.
YUM! Brands Inc. (NYSE: YUM) Reiterated Outperform and raised target to $61 at Credit Suisse.

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JON C. OGG