Top Analyst Upgrades & Downgrades (ADI, APA, DAN, DELL, EXM, BEN, GIL, GG, HPQ, INTC, ICE, KBH, QIHU, RIMM, SPG, UA, VOD)

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

Analog Devices Inc. (NYSE: ADI) Reiterated Buy and Raised target to $53 at Gleacher & Co.
Apache Corporation (NYSE: APA) Reiterated Buy at BofA/ML.
Dana Holding Corporation (NYSE: DAN) Reiterated Strong Buy as Value at Zacks.
Dell Inc. (NASDAQ: DELL) Raised estimates but Maintained Underperform at Credit Suisse.
Excel Maritime Carriers (NYSE: EXM) Cut to Underperform as Bear of the Day at Zacks.
Franklin Resources Inc. (NYSE: BEN) Maintained Outperform as Bull of the Day at Zacks.
Gildan Activewear Inc. (NYSE: GIL) Started as Buy at BofA/ML.
Goldcorp (NYSE: GG) Raised to Overweight at HSBC.
Hewlett-Packard Co. (NYSE: HPQ) Cut to Neutral at JPMorgan; Cut to Hold at Brean Murray.
Intel Corporation (NASDAQ: INTC) Reiterated Outperform and Focus List at Credit Suisse; Maintained Buy with $28 target at Gleacher & Co.
IntercontinentalExchange Inc. (NYSE: ICE) Reiterated Buy and Raised estimate at Argus.
KB Home (NYSE: KBH) Raised to Neutral at UBS.
Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) Started as Buy with $33 target at UBS.
Research-in-Motion Ltd. (NASDAQ: RIMM) Raised to Market Perform at Bernstein.
Simon Property Group Inc. (NYSE: SPG) Reiterated Buy and raised target to $125 at Argus.
Under Armour, Inc. (NYSE: UA) Raised to Buy at Citigroup.
Vodafone Group plc (NYSE: VOD) Raised to Buy at S&P Equity Research.

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JON C. OGG

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