Top Analyst Upgrades & Downgrades (AMAT, ARBA, BX, CPLA, CHA, DELL, DNDN, EMC, FB, GMT, ICE, JAZZ, NDAQ, PCX, PG, SBUX, WY)
Applied Materials Inc. (NASDAQ: AMAT) Raised to Neutral at Goldman Sachs.
Ariba Inc. (NASDAQ: ARBA) Cut to Neutral at Goldman Sachs.
The Blackstone Group LP (NYSE: BX) Raised to Buy at Stern Agee.
China Telecom (NYSE: CHA) Raised to Outperform at Credit Suisse.
Dell Inc. (NASDAQ: DELL) Cut to Neutral at Mizuho; Maintained Underperform and target cut to $14 at Credit Suisse.
Dendreon Corporation (NASDAQ: DNDN) Started as Underperform at Jefferies; Maintained Hold with $11 target at Canaccord Genuity.
EMC Corp. (NYSE: EMC) Reiterated Buy with $36 target at Argus.
Facebook, Inc. (NASDAQ: FB) Started as Buy with $40 target at Needham.
IntercontinentalExchange, Inc. (NYSE: ICE) Raised to Buy at Deutsche Bank.
Jazz Pharmaceuticals (NASDAQ: JAZZ) Started as Outperform at Credit Suisse.
NASDAQ OMX Group (NASDAQ: NDAQ) Cut to Hold at Deutsche Bank.
Patriot Coal (NYSE: PCX) Cut to Hold at Deutsche Bank.
Procter & Gamble Co. (NYSE: PG) Reiterated Buy with $70 target at Argus.
Starbucks Corporation (NASDAQ: SBUX) Raised to Buy at BofA/ML.
Weyerhaeuser Co. (NYSE: WY) Started as Buy at Goldman Sachs.
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.
JON C. OGG