Top Analyst Upgrades & Downgrades (BHP, BP, CIM, DRYS, FITB, GFA, HBAN, JCOM, JBHT, ERIC, MS, PLL, PETM, STX, STM, SYNA)

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

BHP Billiton (NYSE: BHP) Cut to Hold at Societe Generale; Cut to Neutral at HSBC.
BP plc (NYSE: BP)Started as Neutral at Nomura.
Chimera Investment Corporation (NYSE: CIM) Cut to Underperform at Stern Agee.
DryShips, Inc. (NASDAQ: DRYS) Started as Equal-Weight at Barclays.
Fifth Third Bancorp (NASDAQ: FITB) Reiterated Outperform at Credit Suisse.
Gafisa S.A. (NYSE: GFA) named as Value stock of the day at Zacks.
Huntington Bancshares Inc. (NASDAQ: HBAN) Cut to Perform at Oppenheimer.
j2 Global Communications (NASDAQ: JCOM) Raised to Outperform as Bull of the Day at Zacks.
JB Hunt Transport Services Inc. (NASDAQ: JBHT) Started as Overweight at Barclays.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Reiterated Buy with $19 target at Argus.
Morgan Stanley (NYSE: MS) maintained Underperform as Bear of the Day at Zacks.
Pall Corporation (NYSE: PLL) added to U.S. Focus List at Credit Suisse.
PetSmart, Inc. (NASDAQ: PETM) Cut to Market Perform at Wells Fargo.
Seagate Technology PLC (NASDAQ: STX) Raised to Outperform at Baird; Raised to Buy at ThinkEquity.
STMicroelectronics (NYSE: STM) Raised to Hold at S&P Equity Research.
Synaptics Inc. (NASDAQ: SYNA) Raised to Buy at Stern Agee; Raised to Hold at Needham.