Top Analyst Upgrades and Downgrades (AKS, AAPL, BBBY, BBY, CELG, CMG, FB, FURX, HBHC, HEP, NWSA, PAA, QCOM, TEX, VMW)

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

AK Steel Holding Corp. (NYSE: AKS) cut to Sell at Goldman Sachs.

Apple Inc. (NASDAQ: AAPL) cut to Neutral at Baird.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) cut to Sell at Goldman Sachs.

Best Buy Co. Inc. (NYSE: BBY) raised to Buy at BB&T.

Celgene Corp. (NASDAQ: CELG) cut to Hold at Argus.

Chipotle Mexican Grill Inc. (NYSE: CMG) raised to Buy at Lazard.

Facebook Inc. (NASDAQ: FB) raised to Outperform at Raymond James.

Furiex Pharmaceuticals Inc. (NASDAQ: FURX) started as Buy with $45 target at Canaccord Genuity.

Hancock Holding Co. (NASDAQ: HBHC) cut to Underperform with $25 target at Credit Suisse.

Holly Energy Partners L.P. (NYSE: HEP) cut to Sell at Goldman Sachs.

News Corp. (NASDAQ: NWSA) raised to Overweight at Morgan Stanley.

Plains All American Pipeline L.P.(NYSE: PAA) cut to Market Perform at Wells Fargo.

Qualcomm Inc. (NASDAQ: QCOM) reiterated Buy with $80 target at Canaccord Genuity.

Terex Corp. (NYSE: TEX) raised to Neutral at BofA/Merrill Lynch.

VMware Inc. (NYSE: VMW) cut to Neutral at Lazard.

We also have provided a set of earnings previews for this week’s major corporate earnings reports here.

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