Top Analyst Upgrades and Downgrades (ADTN, AIG, AAPL, CPB, CTRN, DNDN, DPS, EA, GIS, JCP, MMM, NOK, PM, RIMM, THC, VIAB, WYNN)

These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Friday.

ADTRAN Inc. (NASDAQ: ADTN) maintained Underperform but named Bear of the Day at Zacks.

American international Group Inc. (NYSE: AIG) started as Outperform at FBR.

Apple Inc. (NASDAQ: AAPL) saw its numbers modestly lowered on iPhone units, sales prices, margin and earnings, but maintained at Buy and a $750 target at Canaccord Genuity. Apple also made one of the top spots on the Morgan Stanley Best Ideas List.

Campbell Soup Co. (NYSE: CPB) maintained Buy but removed from Conviction Buy List at Goldman Sachs.

Citi Trends Inc. (NASDAQ: CTRN) raised to Outperform and named Bull of the Day at Zacks.

Dendreon Corp. (NASDAQ: DNDN) raised to Outperform at Bernstein.

Dr Pepper Snapple Group Inc.(NYSE: DPS) cut to Market Perform at Bernstein.

Electronic Arts Inc. (NASDAQ: EA) cut to Neutral at Piper Jaffray.

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

General Mills Inc. (NYSE: GIS) cut to Sell at Goldman Sachs.

J.C. Penney Co. Inc. (NYSE: JCP) cut to Sell at UBS.

3M Co. (NYSE: MMM) cut to Underweight at J.P. Morgan.

Nokia Corp. (NYSE: NOK) raised to Buy at Societe Generale and maintained Hold but raised target to $4 at Canaccord Genuity..

Phillip Morris International Inc. (NYSE: PM) raised to Conviction Buy List at Goldman Sachs.

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

Research In Motion Ltd. (NASDAQ: RIMM) cut to Underperform at BMO.

Tenet Healthcare Corp. (NYSE: THC) raised to Buy at BofA/Merrill Lynch.

Viacom Inc. (NASDAQ: VIAB) raised to Buy at Janney.

Wynn Resorts Ltd. (NASDAQ: WYNN) cut to Outperform at CLSA.

Here are six stock picks with the most upside from the 2013 Cantor Fitzgerald Conviction Buy List.

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