Top Analyst Upgrades & Downgrades (ABC, BA, CEDC, XOM, FSLR, FWLT, GS, JPM, LVS, LM, PCS, MYL, ODP, OPEN, RBA, SNY, SNDA, SIRI, SRDX, VCLK)

Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. AmerisourceBergen Corp. (NYSE: ABC) Reiterated Buy and raised target to $50 at Argus. Boeing Co. (NYSE: BA) Reiterated Outperform…

Published May 4, 2011, 8:22am ET · 2 min read

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

AmerisourceBergen Corp. (NYSE: ABC) Reiterated Buy and raised target to $50 at Argus.
Boeing Co. (NYSE: BA) Reiterated Outperform and raised target to $94 at Credit Suisse.
Central European Distribution Corp. (NASDAQ: CEDC) Raised to Neutral at Credit Suisse; Cut to Neutral at Goldman Sachs.
Exxon Mobil Corporation (NYSE: XOM) Reiterated Strong Buy as Value at Zacks.
First Solar Inc. (NASDAQ: FSLR) Raised to Buy at Auriga.
Foster Wheeler AG (NASDAQ: FWLT) Reiterated Buy at Gabelli.
Goldman Sachs Group Inc. (NYSE: GS) Started as Buy at UBS.
J.P.Morgan Chase & Co. (NYSE: JPM) Started as Buy at UBS.
Las Vegas Sands Corp. (NYSE: LVS) Maintained Outperform at Credit Suisse; Maintained Buy at Gabelli.
Legg Mason Inc. (NYSE: LM) Cut to Market Perform at KBW.
MetroPCS Communications Inc. (NYSE: PCS) Reiterated Buy and Raised target to $22 at Argus.
Mylan, Inc. (NYSE: MYL) Cut to Equal-Weight at Morgan Stanley.
Office Depot, Inc. (NYSE: ODP) Cautious as Bear of the Day at Zacks.
OpenTable, Inc. (NASDAQ: OPEN) Raised to Outperform at Oppenheimer.
Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) Cut to Underperform at BofA/ML.
Sanofi-Aventis (NYSE: SNY) Raised to Buy at BofA/ML.
Shanda Interactive Entertainment Ltd. (NASDAQ: SNDA) Raised to Hold at S&P Equity Research (lathe Tuesday).
SIRIUS XM Radio inc. (NASDAQ: SIRI) Maintained Buy with private market value of $2.85 at Gabelli.
SurModics, Inc. (NASDAQ: SRDX) Raised to Outperform as Bull of the Day at Zacks.
ValueClick, Inc. (NASDAQ: VCLK) Raised to Buy at Jefferies; Raised to Buy at Needham.

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JON C. OGG

Contact [email protected] for any questions or corrections.

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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