Top Analyst Upgrades and Downgrades (ABT, AA, AB, MDRX, ADI, AVB, BBBY, BRCM, ESS, INTC, JIVE, LAMR, NOV, NWSA, NVDA, SLB, TASR, TXN, DK, PSX, MPC, WNR)

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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 Tuesday.

Abbott Laboratories (NYSE: ABT) cut to Market Perform at Leerink Swann.

Alcoa Inc. (NYSE: AA) cut to Hold at Jefferies.

AllianceBernstein Holding L.P. (NYSE: AB) reiterated Outperform and raised target to $18 at Credit Suisse.

Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) reiterated Buy with $15 target at Argus.

Analog Devices Inc. (NASDAQ: ADI) cut to Sector Perform with $41 target at RBC.

AvalonBay Communities Inc. (NYSE: AVB) started as Buy at Goldman Sachs.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) cut to Perform at Oppenheimer and reiterated Buy with $80 target at Argus.

Broadcom Corp. (NASDAQ: BRCM) raised to Outperform at RBC.

Essex Property Trust Inc. (NYSE: ESS) started as Buy at Goldman Sachs.

Intel Corp. (NASDAQ: INTC) cut to Sector Perform with $24 target at RBC.

Jive Software Inc. (NASDAQ: JIVE) raised to Outperform at Wells Fargo.

Lamar Advertising Co. (NASDAQ: LAMR) added to Conviction Buy List at Goldman Sachs.

National Oilwell Varco Inc. (NYSE: NOV) stared as Outperform at William Blair.

News Corp. (NASDAQ: NWSA) maintained Hold at Argus.

NVIDIA Corp. (NASDAQ: NVDA) cut to Sector Perform with $15 target at RBC.

Schlumberger Ltd. (NYSE: SLB) started as Market Perform at William Blair.

TASER International Inc. (NASDAQ: TASR) raised to Overweight at JPMorgan.

Texas Instruments Inc. (NASDAQ: TXN) cut to Sector Perform with $28 target at RBC.

Credit Suisse lowered its ratings to Neutral from Outperform on the independent refining sector: cut ratings by the same on Delek US Holdings Inc. (NYSE: DK), Marathon Petroleum Corp. (NYSE: MPC), Phillips 66 (NYSE: PSX) and Western Refining Inc. (NYSE: WNR).

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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