These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning.
AK Steel Holding Corporation (NYSE: AKS) Raised to Buy at Deutsche Bank.
ARM Holdings plc (NASDAQ: ARMH) Cut to Equal-Weight at Morgan Stanley.
Chipotle Mexican Grill Inc. (NYSE: CMG) Reiterated Buy and raised target to $350 at Argus.
Citigroup, Inc. (NYSE: C) Raised to Buy with $53 target at BofA/ML.
Gilead Sciences Inc. (NASDAQ: GILD) Raised to Overweight at Piper Jaffray.
Goldman Sachs Group. Inc. (NYSE: GS) Maintained Outperform but cut target to $170 at Credit Suisse.
Kraft Foods Inc. (NYSE: KFT) Raised to Buy with $40 target at Argus.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) Started as Outperform at Macquarie.
Penn Virginia Corp. (NYSE: PVA) Cut to Neutral at Credit Suisse.
Research In Motion Ltd. (NASDAQ: RIMM) Maintained Underperform as Bear of the Day at Zacks.
Standard Motor Products (NYSE: SMP) Maintained Outperform as Bull of the Day at Zacks.
United States Steel Corporation (NYSE: X) Raised to Buy at Deutsche Bank.
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JON C. OGG
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