Top Analyst Upgrades & Downgrades (AIG, BV, BIIB, BX, CIEN, IBM, MCD, NVO, SNDK, SON, LUV, SBUX, SYY, TLAB, UAL)

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

American International Group (NYSE: AIG) Raised to Outperform at Bernstein.

Bazaarvoice Inc. (NASDAQ: BV) Started as Neutral at Credit Suisse; Started as Overweight at Morgan Stanley; Started as Buy at Deutsche Bank..

Biogen Idec Inc. (NASDAQ: BIIB) Raised to Buy at Goldman Sachs.

Blackstone Group L.P. (NYSE: BX) added to Top Pick list at Citigroup.

Ciena Corporation (NASDAQ: CIEN) Raised to Overweight at JPMorgan.

International Business Machines Corporation (NYSE: IBM) Cut to Neutral at BofA/ML.

McDonald’s Corporation (NYSE: MCD) removed from Conviction Buy List but maintained as Buy at Goldman Sachs.

Novo Nordisk A/S (NYSE: NVO) Cut to Sell at Deutsche Bank.

SanDisk Corporation (NASDAQ: SNDK) Cut to Outperform at RBC.

Sonoco Products Co. (NYSE: SON) Started as Equal-weight at Barclays.

Southwest Airlines Co. (NYSE: LUV) Raised to Overweight at Barclays.

Starbucks Corporation (NASDAQ: SBUX) Added to Conviction Buy List as Goldman Sachs.

Sysco Corporation (NYSE: SYY) Started as Sell at Goldman Sachs.

Tellabs Inc. (NASDAQ: TLAB) Raised to Neutral at JPMorgan.

United Continental Holdings, Inc. (NYSE: UAL) Cut to Equal-weight at Barclays.

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