Top Analyst Upgrades & Downgrades (MO, AEA, CCK, GE, HIBB, HBC, ITC, LNKD, PCS, SAP, SON, TSO, VZ)

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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 Tuesday morning.

Altria Group Inc. (NYSE: MO) Started as Buy at Deutsche Bank.
Advance America, Cash Advance Centers Inc. (NYSE: AEA) named as value stock of the day at under 10-times earnings by Zacks.
Crown Holdings Inc. (NYSE: CCK) Started as Outperform with $43 target and was added to the Focus List at Credit Suisse.
General Electric Co. (NYSE: GE) Raised to Outperform by Bernstein (call was made late Monday afternoon).
Hibbett Sporting Goods (NASDAQ: HIBB) maintained Outperform with $47 target and named as Bull of the Day at Zacks.
HSBC Holdings PLC (NYSE: HBC) started as Underperform and named as Bear of the Day at Zacks.
ITC Holdings Corp. (NYSE: ITC) Cut to Neutral from Outperform at Credit Suisse.
LinkedIn Corporation (NYSE: LNKD) Raised to Overweight at JPMorgan.
MetroPCS Communications, Inc. (NYSE: PCS) Raised to Outperform from Market Perform on valuation by William Blair.
SAP AG (NYSE: SAP) Cut to Hold at S&P Equity Research.
Sonoco Products Co. (NYSE: SON) Started as Neutral with $34.00 price target at Credit Suisse.
Tesoro Corporation (NYSE: TSO) Cut to Neutral with $34 target from Outperform at Credit Suisse.
Verizon Communications Inc. (NYSE: VZ) Reiterated Buy with a $44 price target at Argus.

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JON C. OGG

Contact [email protected] for any questions or corrections.

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About the Author 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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