Top Analyst Upgrades & Downgrades (CHK, CIT, FB, GRPN, NSM, PHM, DGX, RAX, RYL, SHW, SLM, SYMC, TTM, VRA, VRSN)

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By Jon C. Ogg Updated Published

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

Chesapeake Energy Corp. (NYSE: CHK) Raised to Hold from Sell at Argus.

CIT Group Inc. (NYSE: CIT) Started as Buy at Janney.

Facebook, Inc. (NASDAQ: FB) Started as Market Outperform at JMP Securities; Raised to Hold from Sell at S&P Capital IQ (late-Tuesday call).

Groupon, Inc. (NASDAQ: GRPN) Raised to Hold from Sell at Stifel Nicolaus.

Nationstar Mortgage Holdings Inc. (NYSE: NSM) Cut to Neutral at Citigroup.

PulteGroup, Inc. (NYSE: PHM) Raised to Outperform at Credit Suisse.

Quest Diagnostics (NYSE: DGX) Cut to Underperform at Raymond James.

Rackspace Hosting, Inc. (NYSE: RAX) Cut to Hold at Jefferies.

Ryland Group Inc. (NYSE: RYL) Raised to Outperform at Credit Suisse.

The Sherwin-Williams Company (NYSE: SHW) Cut to Underperform at BofA/ML.

SLM Corporation (NASDAQ: SLM) Started as Buy at Janney.

Symantec Corporation (NASDAQ: SYMC) Cut to Market Perform at FBR Capital.

Tata Motors Ltd. (NYSE: TTM) Raised to Hold from Sell at Deutsche Bank.

Vera Bradley, Inc. (NASDAQ: VRA) Raised to Buy at KeyBanc Capital Markets.

VeriSign, Inc. (NASDAQ: VRSN) Started as Outperform at Wells Fargo.

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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