Top Analyst Upgrades and Downgrades (AAP, CAB, CRUS, CME, CTSH, EQIX, LH, LVLT, MMM, PIR, DGX, SKYW, STFC, TGI, TSL, WERN)

September 14, 2012 by Jon C. Ogg

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

Advance Auto Parts Inc. (NYSE: AAP) named Bear of the Day at Zacks.

Cabela’s Inc. (NYSE: CAB) named Bull of the Day at Zacks.

Cirrus Logic Inc. (NASDAQ: CRUS) reiterated Buy and raised target to $48 at Canaccord Genuity.

CME Group Inc. (NASDAQ: CME) cut to Underweight at JPMorgan.

Cognizant Technology Solutions Corp. (NASDAQ: CTSH) started as Neutral at Credit Suisse.

Equinix Inc. (NASDAQ: EQIX) reiterated Buy and raised target to $250 at Jefferies and reiterated Buy and raised target to $225 at Canaccord Genuity.

Lab Corporation of America (NYSE: LH) started as Neutral at Credit Suisse.

Level 3 Communications Inc. (NYSE: LVLT) cut to Underperform at Raymond James.

3M Co. (NYSE: MMM) started as Buy at BofA/ML.

Pier 1 Imports Inc. (NYSE: PIR) maintained Hold but raised estimates at Argus.

Quest Diagnostics Inc. (NYSE: DGX) started as Neutral and removed from U.S. Focus List at Credit Suisse.

SkyWest Inc. (NASDAQ: SKYW) named value stock of the day at Zacks and raised to Strong Buy at Raymond James.

State Auto Financial Corp. (NASDAQ: STFC) reiterated Buy with $18 target at Argus.

Triumph Group Inc. (NYSE: TGI) added to U.S. Focus List and raised target to $79 at Credit Suisse.

Trina Solar (NYSE: TSL) cut to Underperform at Raymond James.

Werner Enterprises Inc. (NASDAQ: WERN) has seen downgrades after its warning: cut to Neutral at Citigroup, to Market Perform at Wells Fargo, to Market Perform at Raymond James and to Neutral at JPMorgan.

JON C. OGG

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