Top Analyst Upgrades & Downgrades (ALTR, AZO, BWP, BA, BYI, EPB, DD, EW, KND, LEN, LLTC, PCS, PLL, PNM, PSB, SAP, TOL)

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

Altera Corporation (NASDAQ: ALTR) Raised to Outperform at BMO Capital Markets.
AutoZone Inc. (NYSE: AZO) Maintained as Buy with a price target of $381 by Argus.
Boardwalk Pipeline Partners, LP (NYSE: BWP) Started as Neutral at JPMorgan.
Boeing Co. (NYSE: BA) Raised to Overweight with $82 price target at Morgan Stanley.
Bally Technologies, Inc. (NYSE: BYI) Raised to Overweight at JPMorgan.
El Paso Pipeline Partners, L.P. (NYSE: EPB) Started as Overweight at JPMorgan.
E I DuPont de Nemours & Co. (NYSE: DD), or DuPont, Cut to Neutral at Citigroup; Lowered estimates for DuPont at Credit Suisse.
Edwards Lifesciences Corp. (NYSE: EW) Raised to Buy with $75 target at Canaccord Genuity.
Kindred Healthcare, Inc. (NYSE: KND) is already a strong buy but was named as the value stock of the day by Zacks Investment Research.
Lennar Corporation (NYSE: LEN) Cut to Hold at KeyBanc.
Linear Technology (NASDAQ: LLTC) Reiterated Underperform and named Bear of the Day by Zacks Investment Research.
MetroPCS Communications, Inc. (NYSE: PCS) Started as Outperform at Credit Suisse.
Pall Corporation (NYSE: PLL) on Focus List and raised price target to $68 at Credit Suisse.
PNM Resources, Inc. (NYSE: PNM) Cut to Market Perform at Wells Fargo.
PS Business Parks (NYSE: PSB) reiterated Outperform and named as Bull of the Day at Zacks.
SAP AG (NYSE: SAP) Reiterated Buy with $84 price target objective by Argus.
Toll Brothers (NYSE: TOL) Cut to Hold at KeyBanc.

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