Top Analyst Upgrades & Downgrades (ARBA, CHEF, CLF, CSTR, COP, FET, INTC, OVTI, SCMR, TM, CA, RHT)

May 31, 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 Thursday.

Ariba Inc. (NASDAQ: ARBA) Cut to Sell at Argus.

The Chefs’ Warehouse (NASDAQ: CHEF) Maintained as BUY with $24 target at Canaccord Genuity.

Cliffs Natural Resources Inc. (NYSE: CLF) Raised to Buy at BofA/ML.

Coinstar (NASDAQ: CSTR) Raised to Buy with $71 target at Canaccord Genuity.

ConocoPhillips (NYSE: COP) named Bear of the Day at Zacks.

Forum Energy Technologies. Inc. (NYSE: FET) Started as Outperform at Credit Suisse.

Intel Corp. (NASDAQ: INTC) Maintained on Focus List as Outperform at Credit Suisse.

OmniVision Technologies Inc. (NASDAQ: OVTI) Raised to Overweight with $21 target at JPMorgan.

Sycamore Networks Inc. (NASDAQ: SCMR) Cut to Sell at Argus.

Toyota Motor Corporation (NYSE: TM) named Bull of the Day at Zacks.

Mizuho Securities started coverage on both CA Technologies (NASDAQ: CA) and Red Hat, Inc. (NYSE: RHT) with Buy ratings.

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

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.