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

June 6, 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 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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JON C. OGG

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