Top Analyst Upgrades and Downgrades (AKAM, BCH, BSAC, BA, BP, BRCD, CIEN, CROX, CBST, EMC, FB, HIBB, HON, INTC, ISIL, NBR, NSC)

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By Jon C. Ogg Updated Published

Jon Ogg
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday.

Akamai Technologies Inc. (NASDAQ: AKAM) raised to Outperform at Oppenheimer and raised to Buy at Canaccord Genuity.

Banco de Chile (NYSE: BCH) cut to Neutral at Credit Suisse.

Banco Santander-Chile (NYSE: BSAC) cut to Neutral at Credit Suisse.

Boeing Co. (NYSE: BA) maintained Outperform but cut target to $86 at Credit Suisse.

BP PLC (NYSE: BP) started as Neutral at Goldman Sachs.

Brocade Communications Systems Inc. (NASDAQ: BRCD) named value stock of the day at Zacks.

Ciena Corp. (NASDAQ: CIEN) raised to Outperform at FBR.

Crocs Inc. (NASDAQ: CROX) cut to Neutral at Stern Agee.

Cubist Pharmaceuticals Inc. (NASDAQ: CBST) started as Sell at Cantor Fitzgerald.

EMC Corp. (NYSE: EMC) reiterated Buy and $36 target at Argus.

Facebook Inc. (NASDAQ: FB) maintained Hold with view in high-$20s at Argus.

Hibbett Sports Inc. (NASDAQ: HIBB) maintained Outperform but named as Bull of the Day at Zacks.

Honeywell International Inc. (NYSE: HON) raised to Outperform at Bernstein.

Intel Corp. (NASDAQ: INTC) named Bear of the Day at Zacks.

Intersil Corp. (NASDAQ: ISIL) cut to Sell at Citigroup.

Nabors Industries Ltd. (NYSE: NBR) cut to Hold at Argus.

Norfolk Southern Co. (NYSE: NSC) cut to Neutral at BofA/ML.

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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