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

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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.

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JON C. OGG