Top Analyst Upgrades & Downgrades (CELG, CPHD, EBAY, EOG, GRPN, HUN, LLTC, NOV, NE, NOK, RMBS, SRE, PAY, WPI)

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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 Monday.

Celgene Corporation (NASDAQ: CELG) Cut to Sector Perform at RBC.

Cepheid (NASDAQ: CPHD) Reiterated Outperform with $45 target at Credit Suisse.

eBay Inc. (NASDAQ: EBAY) Started as Outperform at KBW.

EOG Resources, Inc. (NYSE: EOG) Raised to Buy at UBS.

Groupon, Inc. (NASDAQ: GRPN) Raised to Overweight at Morgan Stanley.

Huntsman Corporation (NYSE: HUN) Cut to Hold at KeyBanc.

Linear Technology Corp. (NASDAQ: LLTC) Reiterated Outperform with $37 target at Credit Suisse.

National Oilwell Varco, Inc. (NYSE: NOV) Cut to Outperform at Raymond James.

Noble Corporation (NYSE: NE) Cut to Outperform at Raymond James.

Nokia Corporation (NYSE: NOK) Reiterated Hold at Argus and the note was called “Going from troubled to endangered?”

Rambus Inc. (NASDAQ: RMBS) Cut to Neutral at JPMorgan.

Sempra Energy (NYSE: SRE) Reiterated Hold and raised target to $76 at Argus.

VeriFone Systems, Inc (NYSE: PAY) Raised to Buy at UBS.

Watson Pharmaceuticals (NYSE: WPI) Reiterated Buy with $90 target at Canaccord Genuity.

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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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