Top Analyst Upgrades and Downgrades (FCX, FIO, HNZ, JDSU, LGF, MFRM, MET, ZQK, SPG, SCCO, SBUX, JOE, TIF)

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By Jon C. Ogg Updated Published
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Bull and Bear

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

Freeport McMoRan Copper & Gold Inc. (NYSE: FCX) cut to Neutral at Goldman Sachs, cut to Hold at Deutsche Bank and cut to Neutral at Citigroup.

Fusion-io Inc. (NYSE: FIO) started as Buy at BofA/ML.

H.J. Heinz Co. (NYSE: HNZ) reiterated Buy with $64 target at Argus.

JDS Uniphase Corp. (NASDAQ: JDSU) cut to Market Perform at Raymond James.

Lions Gate Entertainment Corp. (NYSE: LGF) started as Neutral at Goldman Sachs.

Mattress Firm Holding Corp. (NASDAQ: MFRM) cut to Market Perform at William Blair.

MetLife Inc. (NYSE: MET) cut to Equal Weight at Barclays.

Quiksilver Inc. (NYSE: ZQK) started as Neutral at Goldman Sachs.

Simon Property Group Inc. (NYSE: SPG) raised to Buy at UBS.

Southern Copper Corp. (NYSE: SCCO) raised to Buy at Citigroup.

Starbucks Corp. (NASDAQ: SBUX) raised to Outperform at Baird.

The St. Joe Co. (NYSE: JOE) named Bull of the Day at Zacks.

Tiffany & Co. (NYSE: TIF) named Bear of the Day at Zacks.

Here is a list of Fortune Top 10 Stocks to Buy for 2013.

Here is an analysis calling for a gold pairs trade for 2013.

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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