Top Analyst Upgrades & Downgrades (BUD, ATML, DOW, EMN, HES, INTC, JASO, LAD, MCD, MU, OPEN, PMI, PFCB, TWX, TRMB)

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

Anheuser-Busch InBev (NYSE: BUD) Cut to Neutral at BofA/ML.
Atmel Corporation (NASDAQ: ATML) Reiterated Buy and raised target to $17 at Gleacher & Co.
Dow Chemical Co. (NYSE: DOW) Raised to Buy with $49 target at Argus.
Eastman Chemical Co. (NYSE: EMN) Maintained Outperform as Bull of the Day at Zacks.
Hess Corp. (NYSE: HES) Raised to Buy at Argus.
Intel Corporation (NASDAQ: INTC) Reiterated Outperform with $28 target on Focus List at Credit Suisse.
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) Cut to Sell at S&P Equity Research (late Wednesday call).
Lithia Motors, Inc. (NYSE: LAD) Maintained Buy as Value stock at Zacks.
McDonald’s Corporation (NYSE: MCD) Cut to Neutral at Piper Jaffray.
Micron Technology Inc. (NASDAQ: MU) Started as Neutral at JPMorgan.
OpenTable, Inc. (NASDAQ: OPEN) Raised to Buy at BofA/ML.
PMI Group, Inc. (NYSE: PMI) Called as Bear of the Day with $1.75 target at Zacks.
P.F. Chang’s China Bistro, Inc. (NASDAQ: PFCB) Cut to Neutral at Piper Jaffray.
Time Warner. Inc (NYSE: TWX) Reiterated Outperform with $40 target on Focus List at Credit Suisse.
Trimble Navigation Limited (NASDAQ: TRMB) Raised to Overweight at JPMorgan.

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