Top Analyst Upgrades and Downgrades (BAC, BX, COP, CORR, FB, GM, HBI, KLAC, NYX, NWSA, WAG, YHOO, YUM)

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By Jon C. Ogg Updated Published

Bull and Bear

Jon Ogg
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. With this being the week of Christmas, analyst upgrades and downgrades likely will be very light.

Bank of America Corp. (NYSE: BAC) reiterated Hold at Argus.

The Blackstone Group L.P. (NYSE: BX) named as Value Stock of the Day at Zacks.

ConocoPhillips (NYSE: COP) reiterated Underperform at Bank of America/Merrill Lynch.

CorEnergy Infrastructure Trust Inc. (NYSE: CORR) raised to Neutral at Bank of America/Merrill Lynch.

Facebook Inc. (NASDAQ: FB) reiterated Buy and raised target to $33 from $25 at Needham.

General Motors Co. (NYSE: GM) started as Buy with $35 price target at Goldman Sachs.

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

KLA-Tencor Corp. (NASDAQ: KLAC) named as Bear of the Day at Zacks.

NYSE Euronext Inc. (NYSE: NYX) cut to Hold at Stifel Nicolaus.

News Corp. (NASDAQ: NWSA) reiterated Buy at Bank of America/Merrill Lynch.

Walgreen Co. (NYSE: WAG) reiterated Hold at Argus; positive valuation comments from Cantor Fitzgerald.

Yahoo! Inc. (NASDAQ: YHOO) reiterated Buy and raised target to $26 from $19 at Needham.

Yum Brands Inc. (NYSE: YUM) reiterated Buy with $76 target at Bank of America/Merrill Lynch.

24/7 Wall St. reiterates its Strong Sell rating on the Mayan Calendar.

Here are some other outside (and internal) outlook pieces for the end of 2012 and 2013:

Nine Big Biotech Winners for 2013

Two extremes: $2,200 gold and $50 oil

Coal could be a top performer in 2013 after two really bad years.

S&P 500 Upside Targets for 2013, from everyone

JON C. OGG

Photo of Jon C. Ogg
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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