Top Analyst Upgrades & Downgrades (AET, AEM, APD, ALU, MDRX, AMZN, AMCC, BIDU, CBG, CTCT, DECK, EBAY, LOGI, PCS, PM, REGN, SNDK, STX, WDC, ZNGA)

April 27, 2012 by Jon C. Ogg

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

Aetna Inc. (NYSE: AET) Reiterated Buy with a target price of $55 at Argus.

Agnico-Eagle Mines Limited (NYSE: AEM) Raised to Outperform at Credit Suisse.

Air Products & Chemicals Inc. (NYSE: APD) Cut to Neutral at Citigroup.

Alcatel-Lucent SA (NYSE: ALU) Maintained Underperform and cut estimates at Jefferies.

Allscripts Healthcare (NASDAQ: MDRX) Cut to Neutral at Credit Suisse; Cut to Equal-weight at Barclays.

Amazon.com Inc. (NASDAQ: AMZN) Raised to Buy at BofA/ML; Raised to Buy at Nomura; Raised to Buy at Goldman Sachs; Maintained Hold but raised target to $230 at Canaccord Genuity.

Applied Micro Circuits Corp. (NASDAQ: AMCC) Cut to Hold at Wunderlich.

Baidu, Inc. (NASDAQ: BIDU) Maintained Neutral but target cut at Credit Suisse.

CBRE Group, Inc. (NYSE: CBG) named Bull of the Day at Zacks.

Constant Contact (NASDAQ: CTCT) Cut to Neutral at Janney; Cut to Market Perform William Blair.

Deckers Outdoor Corp. (NASDAQ: DECK) Cut to Hold at Jefferies; Cut to Hold at Canaccord Genuity.

eBay Inc. (NASDAQ: EBAY) Reiterated Buy and raised target to $48 from $40 at Argus.

Logitech International (NASDAQ: LOGI) Raised to Outperform at BNP Paribas.

MetroPCS (NYSE: PCS) Cut to Hold at Argus; Cut to Hold at Deutsche Bank; Cut to Hold at Canaccord Genuity.

Philip Morris International Inc. (NYSE: PM) Reiterated Buy and raised target to $94 from $88 at Argus.

Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) Cut to Market Perform at BMO.

SanDisk Corporation (NASDAQ: SNDK) Raised to Buy at Jefferies.

Seagate Technology PLC (NASDAQ: STX) Cut to Neutral at BofA/ML.

Western Digital Corporation (NYSE: WDC) Cut to Neutral at BofA/ML.

Zynga, Inc. (NASDAQ: ZNGA) Raised to Neutral at BofA/ML; Raised to Overweight at JPMorgan; Maintained Hold but cut target to $13 from $15 at Canaccord Genuity.

AAR Corporation (NYSE: AIR) named Bear of the Day at Zacks.

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JON C. OGG

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