These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday.
Akorn Inc. (NASDAQ: AKRX) started as Buy with $18 target at BofA/ML.
Broadcom Corp. (NASDAQ: BRCM) reiterated Buy with $46 target at Argus.
Carnival Corp. (NYSE: CCL) cut to Hold at Jefferies and raised to Buy at S&P Equity Research.
Chesapeake Energy Corp. (NYSE: CHK) cut to Hold at Stifel Nicolaus.
China Telecom Corp. Ltd. (NYSE: CHA) cut to Neutral at Credit Suisse.
Electronic Arts Inc. (NASDAQ: EA) cut to Neutral at BofA/ML.
Facebook Inc. (NASDAQ: FB) reiterated Neutral with $23 target at BofA/ML.
GT Advanced Technologies Inc. (NASDAQ: GTAT) cut to Hold at Canaccord Genuity.
MarketAxess Holdings Inc.(NASDAQ: MKTX) cut to Underperform with $28 target at Credit Suisse.
Marvell Technology Group Ltd. (NASDAQ: MRVL) cut to Hold at Canaccord Genuity.
Republic Services Inc. (NYSE: RSG) started as Hold at KeyBanc.
SanDisk Corp. (NASDAQ: SNDK) cut to Market Perform at JMP Securities.
Texas Instruments Inc. (NASDAQ: TXN) cut to Perform at Oppenheimer.
Transocean Ltd. (NYSE: RIG) raised to Neutral from Sell at Goldman Sachs.
Waste Management Inc. (NYSE: WM) started as Hold at KeyBanc.
JON C. OGG