Top Analyst Upgrades and Downgrades (ATVI, ADTN, AMD, AOL, CHK, CLF, CVGI, EA, LLY, FB, FDX, GRPN, HES, LNKD, OSIS, GOLD, RIO, STM, TWX, TIVO, WAB, ZNGA)

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By Jon C. Ogg Updated Published
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Jon Ogg
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday.

Activision Blizzard Inc. (NASDAQ: ATVI) started as Buy at Jefferies.

Adtran Inc. (NASDAQ: ADTN) reiterated Buy with $30 target at Argus.

Advanced Micro Devices Inc. (NYSE: AMD) cut to Neutral at UBS.

AOL Inc. (NYSE: AOL) raised to Buy at Jefferies.

Chesapeake Energy Corp. (NYSE: CHK) started as Equalweight at Barclays.

Cliffs Natural Resources Inc. (NYSE: CLF) cut to Underperform at Credit Suisse.

Commercial Vehicle Group Inc. (NASDAQ: CVGI) started as Neutral at Credit Suisse.

Electronic Arts Inc. (NASDAQ: EA) started as Hold at Jefferies.

Eli Lilly & Co. (NYSE: LLY) raised to Outperform at Bernstein.

Facebook Inc. (NASDAQ: FB) started as Buy at Jefferies.

FedEx Corp. (NYSE: FDX) cut to Market Perform at Wells Fargo.

Groupon Inc. (NASDAQ: GRPN) started as Hold at Jefferies.

Hess Corp. (NYSE: HES) maintained Hold and cut earnings estimates at Argus.

LinkedIn Corporation (NYSE: LNKD) raised to Buy at Jefferies.

OSI Systems Inc. (NASDAQ: OSIS) started as Perform at Oppenheimer.

Randgold Resources Ltd. (NASDAQ: GOLD) started as Overweight at Barclays.

Rio Tinto PLC (NYSE: RIO) started as Outperform at Bernstein.

STMicroelectronics N.V. (NYSE: STM) cut to Sell at UBS.

Time Warner Inc. (NYSE: TWX) raised to Buy at UBS.

TiVo Inc. (NASDAQ: TIVO) started as Buy at Jefferies.

Westinghouse Air Brake Technologies Corp. (NYSE: WAB) started as Outperform at Credit Suisse.

Zynga Inc. (NASDAQ: ZNGA) started as Hold at Jefferies.

JON C. OGG

Photo of Jon C. Ogg
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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