Top Analyst Upgrades and Downgrades (AWK, AMTG, NLY, BZH, CHK, CXS, CRY, F, KFT, L, PGR, RF, TICC, WMT)

Source: Jon Ogg
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday morning.

American Water Works Company Inc. (NYSE: AWK) raised to Outperform at Baird.

Apollo Residential Mortgage Inc. (NYSE: AMTG) started as Market Outperform at JMP Securities.

Annaly Capital Management (NYSE: NLY) cut to Underperform at FBR.

Beazer Homes (NYSE: BZH) raised to Market Perform at Wells Fargo.

Chesapeake Energy Corp. (NYSE: CHK) cut to Market Perform at BMO Capital Markets.

Crexus Investment Corp. (NYSE: CXS) raised to Market Perform at FBR.

CryoLife Inc. (NYSE: CRY) cut to Hold at Benchmark.

Ford Motor Co. (NYSE: F) named Bear of the Day at Zacks.

Kraft Foods Inc. (NASDAQ: KFT) raised to Buy at Jefferies.

Loews Corp. (NYSE: L) named Bull of the Day at Zacks.

Progressive Corp. (NYSE: PGR) cut to Neutral at Credit Suisse.

Regions Financial Corp. (NYSE: RF) raised to Buy at BofA/ML.

TICC Capital Corp. (NASDAQ: TICC) named Value Stock of the Day at Zacks.

Wal-Mart Stores Inc. (NYSE: WMT) Raised to Buy with $83 target at Stifel Nicolaus.

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