Top Analyst Upgrades & Downgrades (ADTN, AAPL, ARNA, T, BEAM, BBBY, BBY, BWLD, CVX, HEK, JPM, MYGN, PRA, RSH, RXN, RIMM, SLF, TXRH, VZ)

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

Adtran Inc. (NASDAQ: ADTN) Reiterated Buy and $39 target at Argus.

Apple Inc. (NASDAQ: AAPL) Maintained Outperform but cut estimates at Credit Suisse (full details).

Arena Pharmaceuticals (NASDAQ: ARNA) Raised to Buy at Jefferies; Raised to Outperform at Leerink Swann.

AT&T, Inc. (NYSE: T) Raised to Outperform at Credit Suisse.

Beam Spirits Inc. (NYSE: BEAM) Maintained Hold at Argus.

Bed Bath & Beyond (NASDAQ: BBBY) Raised to Outperform at Credit Suisse.

Best Buy (NYSE: BBY) Cut to Neutral with $20 target at Credit Suisse.

Buffalo Wild Wings (NASDAQ: BWLD) Started as Outperform at Wells Fargo.

Chevron Corp. (NYSE: CVX) Reiterated Buy with $130 target at Argus.

Heckmann Corporation (NYSE: HEK) Started as Outperform with $5 target at Credit Suisse.

J.P. Morgan Chase & Co. (NYSE: JPM) Maintained Outperform but cut estimates at Credit Suisse; Cut to Hold at Stifel Nicolaus; Cut to Market Perform at FBR.

Myriad Genetics Inc. (NASDAQ: MYGN) Started as Neutral at BofA/ML.

ProAssurance Corp. (NYSE: PRA) named Bull of the Day at Zacks.

RadioShack Corp. (NYSE: RSH) named Bear of the Day at Zacks.

Rexnord Corporation (NYSE: RXN) Started as Neutral at Credit Suisse.

Research In Motion Limited (NASDAQ: RIMM) Maintained Neutral and cut estimates at Credit Suisse.

Sun Life Financial Inc. (NYSE: SLF) Raised to Outperform at Credit Suisse.

Texas Roadhouse (NASDAQ: TXRH) Started as Market Perform at Wells Fargo.

Verizon Communications, Inc. (NYSE: VZ) Raised to Outperform at Credit Suisse.

If you enjoyed the top analyst upgrades and downgrades, you can join our free email newsletter that includes analyst summaries each morning sent right to your inbox.  We also cover top issues such as IPOs, special financial exclusives, mergers and more. Sign up in the box below.


Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.