Top Analyst Upgrades & Downgrades (ADBE, ALU, ARMH, BBBY, BP, BRCM, BRCD, LFC, DISCA, EIX, FFIV, LPS, ERIC, M, NKA, ORCL, SLM, HOT)

Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Adobe Systems Inc. (NASDAQ: ADBE) Cut to Underperform at RBC. Alcatel-Lucent (NYSE: ALU) Reiterated Hold at Argus. ARM Holdings…

Published August 12, 2011, 8:23am ET · 2 min read

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

Adobe Systems Inc. (NASDAQ: ADBE) Cut to Underperform at RBC.
Alcatel-Lucent (NYSE: ALU) Reiterated Hold at Argus.
ARM Holdings plc (NASDAQ: ARMH) Cut to Underperform at BofA/ML.
Bed Bath & Beyond, Inc. (NASDAQ: BBBY) Raised to Outperform at Oppenheimer.
BP plc (NYSE: BP) Cut to Neutral at Goldman Sachs.
Broadcom Corp. (NASDAQ: BRCM) Started as Market Perform at William Blair.
Brocade Communications Systems, Inc. (NASDAQ: BRCD) Reiterated Hold and Cut estimates at Argus.
China Life Insurance Co. Ltd. (NYSE: LFC) Raised to Outperform at Credit Suisse.
Discovery Communications, Inc. (NASDAQ: DISCA) Raised to Buy at Citigroup.
Edison International (NYSE: EIX) Raised to Outperform at Credit Suisse.
F5 Networks, Inc. (NASDAQ: FFIV) Raised to Outperform at William Blair.
Lender Processing Services (NYSE: LPS) named Bear of the Day at Zacks.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Raised to Buy at BofA/ML.
Macy’s, Inc. (NYSE: M) Reiterated Buy as Value at Zacks.
Niska Gas Storage Partners LLC (NYSE: NKA) Cut to Sector Perform at RBC.
Oracle Corporation (NASDAQ: ORCL) Cut to Sector Perform at RBC.
SLM Corporation (NYSE: SLM) Raised to Outperform as Bull of the Day at Zacks.
Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) Cut to Hold at Jefferies.

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JON C. OGG

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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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