Top Analyst Upgrades and Downgrades (BBT, CENT, C, GTAT, HBI, MDVN, ONXX, PNRA, RF, SD, SWHC, USB, WFC)

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By Jon C. Ogg Updated Published

Bull and Bear

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

BB&T Corp. (NYSE: BBT) cut to Equal Weight at Morgan Stanley.

Central Garden & Pet Co. (NASDAQ: CENT) named as Bear of the Day at Zacks.

Citigroup Inc. (NYSE: C) raised to Overweight at Morgan Stanley.

GT Advanced Technologies Inc. (NASDAQ: GTAT) cut to Neutral at Piper Jaffray.

Hanesbrands Inc. (NYSE: HBI) named as Bear of the Day at Zacks.

Medivation Inc. (NASDAQ: MDVN) started as Neutral at UBS.

Onyx Pharmaceuticals Inc. (NASDAQ: ONXX) started at Buy at UBS.

Panera Bread Co. (NASDAQ: PNRA) raised to Outperform at Wedbush.

Regions Financial Corp. (NYSE: RF) raised Overweight at Morgan Stanley

SandRidge Energy Inc. (NYSE: SD) cut to Neutral at Citigroup.

Smith & Wesson Holding Corp. (NASDAQ: SWHC) cut to Neutral at Cowen.

U.S. Bancorp (NYSE: USB) cut to Equal Weight at Morgan Stanley

Wells Fargo & Co. (NYSE: WFC) cut to Equal Weight at Morgan Stanley

Here are some other outside (and internal) outlook pieces for the end of 2012 and 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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