Top Analyst Upgrades and Downgrades (ADTN, ED, EBAY, ENB, EXXI, GPS, JCP, LAZ, PCS, NUVA, RKT, SBAC, S, TWX)

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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 Thursday.

ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at UBS.

Consolidated Edison Inc. (NYSE: ED) raised to Buy at Argus.

eBay Inc. (NASDAQ: EBAY) raised to Buy at Nomura.

Enbridge Inc. (NYSE: ENB) raised to Outperform at BMO Capital Markets.

Energy XXI Ltd. (NASDAQ: EXXI) started as Buy at Canaccord Genuity.

Gap Inc. (NYSE: GPS) named Bull of the Day at Zacks.

JCPenney Co. Inc. (NYSE: JCP) named Bear of the Day at Zacks.

Lazard Ltd. (NYSE: LAZ) cut to Market Perform at JMP Securities.

MetroPCS Communications Inc. (NYSE: PCS) cut to Reduce at Nomura.

NuVasive Inc. (NASDAQ: NUVA) cut to Market Perform at JMP Securities, cut to Market Perform at Wells Fargo and cut to Underperform at BMO Capital Markets.

Rock-Tenn Co. (NYSE: RKT) named value stock of the day at Zacks.

SBA Communications Corp. (NASDAQ: SBAC) raised to Buy at Citigroup.

Sprint Nextel Corp. (NYSE: S) cut to underperform at R.W. Baird.

Time Warned Inc. (NYSE: TWX) cut to Hold at Argus.

JON C. OGG

Contact [email protected] for any questions or corrections.

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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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