Top Analyst Upgrades and Downgrades (MO, AIG, BA, CIT, KO, CS, DMND, DNKN, EMC, FSLR, FMS, LULU, MGM, MSFT, R, TYC, WWAV, WYNN)

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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 from Wall St. research firms this Thursday.

Altria Group Inc. (NYSE: MO) raised to Buy at Stifel Nicolaus.

American International Group Inc. (NYSE: AIG) cut to Market Perform on lack of near-term catalysts by Wells Fargo.

Boeing Co. (NYSE: BA) reiterated Buy and raised estimates at Argus.

CIT Group Inc. (NYSE: CIT) cut to Neutral at Janney.

Coca-Cola Co. (NYSE: KO) cut to Hold at Argus.

Credit Suisse Group (NYSE: CS) raised to Buy at Nomura.

Diamond Foods Inc. (NASDAQ: DMND) cut to Underperform as Bear of the Day at Zacks.

Dunkin’ Brands Inc. (NASDAQ: DNKN) cut to Market Perform at Raymond James.

Read also: Biotech’s Big Winners and Losers for 2013

EMC Corp. (NYSE: EMC) cut to Equal Weight at Bernstein.

First Solar Inc. (NASDAQ: FSLR) reiterated Hold as fully valued at Argus.

Fresenius Medical Care AG & Co. KGAA (NYSE: FMS) cut to Neutral at Credit Suisse.

Lululemon Athletica Inc. (NASDAQ: LULU) reiterated Buy with $91 target at Canaccord Genuity.

MGM Resorts International (NYSE: MGM) cut to Neutral at Nomura.

Read also: 12 Stocks Expected to Rise 50% to 100% (or More) in 2013

Microsoft Corp. (NASDAQ: MSFT) cut to Equal Weight at Morgan Stanley.

Ryder System Inc. (NYSE: R) raised to Outperform as Bull of the Day at Zacks; raised to Buy at Goldman Sachs.

Tyco International Ltd. (NYSE: TYC) started as Market Perform at William Blair.

Whitewave Foods Co. (NYSE: WWAV) started as Outperform at Credit Suisse.

Wynn Resorts Ltd. (NASDAQ: WYNN) raised to Buy at Lazard.

Here are 5 Stocks To Buy from the Conviction List for 2013 from Cantor Fitzgerald.

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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