Top Analyst Upgrades & Downgrades (AEO, AAPL, ANGI, ARMH, CIEN, GLUU, AWAY, HALO, JPM, KR, L, QCOM, SSW, VNO, ZNGA)

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By Jon C. Ogg Updated Published

Jon Ogg
These are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls.

American Eagle Outfitters, Inc. (NYSE: AEO) Raised to Conviction Buy List at Goldman Sachs.

Apple Inc. (NASDAQ: AAPL) Reiterated Buy and raised price target to $660 from $600; valuation range raised at Wells Fargo as well.

Angie’s List, Inc. (NASDAQ: ANGI) Started as Buy at Canaccord Genuity.

ARM Holdings PLC (NASDAQ: ARMH) Raised to Overweight at Morgan Stanley.

Ciena Corporation (NASDAQ: CIEN) Raised to Buy at Stifel Nicolaus.

Glu Mobile Inc. (NASDAQ: GLUU) Started as Buy at Canaccord Genuity.

HomeAway Inc. (NASDAQ: AWAY) Started as Hold at Canaccord Genuity.

Halozyme Therapeutics, Inc. (NASDAQ: HALO) Started as Overweight at Barclays.

J.P. Morgan Chase & Co. (NYSE: JPM) raised estimates by Morgan Stanley.

The Kroger Company (NYSE: KR) named as Bull of the Day at Zacks.

Loews Corporation (NYSE: L) named as Bear of the Day at Zacks.

Qualcomm Inc. (NASDAQ: QCOM) Reiterated Buy with $72 target at Argus.

Seaspan Corporation (NYSE: SSW) Cut to Underperform at Credit Suisse.

Vornado Realty Trust (NYSE: VNO) Cut to Hold at Argus.

Zynga Inc. (NASDAQ: ZNGA) Started as Hold at Canaccord Genuity.

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JON C. OGG

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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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