Top Analyst Upgrades and Downgrades (BCS, CMVT, DTE, EW, FMS, JCP, MMP, NFLX, RVBD, STAA, HOT, SU, SUSS, TWX, VCI, WU)

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

Barclays PLC (NYSE: BCS) reiterated Buy and listed as “too cheap” at BofA/ML.

Comverse Technology Inc. (NASDAQ: CMVT) cut to Sector Perform at RBC.

DTE Energy Co. (NYSE: DTE) raised to Outperform as Bull of the Day at Zacks.

Edwards Lifesciences (NYSE: EW) cut to Underperform as Bear of the Day at Zacks.

Fresenius Medical Care A.G. (NYSE: FMS) cut to Neutral at BofA/ML.

JCPenney Co. Inc. (NYSE: JCP) maintained Buy with $35 target at Argus.

Magellan Midstream Partners L.P. (NYSE: MMP) cut to Neutral at Credit Suisse.

Netflix Inc. (NASDAQ: NFLX) downgraded to Perform at Oppenheimer.

Riverbed Technology, Inc. (NASDAQ: RVBD) raised to Buy at Cantor Fitzgerald.

STAAR Surgical Co. (NASDAQ: STAA) cut to Hold at Canaccord Genuity.

Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) maintained Buy with $70 target at Argus.

Suncor Energy Inc. (NYSE: SU) reiterated Buy, named as Top Pick, and raised target to $44 at BofA/ML.

Susser Holdings Corp. (NASDAQ: SUSS) resumed with Buy rating and $42 target at BofA/ML.

Time Warner Inc. (NYSE: TWX) reiterated Outperform and raised target to $53 at Credit Suisse.

Valassis Communications Inc. (NYSE: VCI) named as Value stock of the day at Zacks.

Western Union Co. (NYSE: WU) cut to Market Perform at William Blair.

JON C. OGG