Top Analyst Upgrades and Downgrades (BIDU, BBVA, BBBY, CIT, CLWR, DHI, HMY, HGG, KBH, M, MRVL, PHM, RYL, SD, SWC, TGT, TOL, UNH, WSM, ZNGA)

These are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls.

Baidu Inc. (NASDAQ: BIDU) cut to Market Perform at Raymond James and cut to Hold at Stifel Nicolaus.

Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) raised to Neutral at UBS.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) raised to Buy at Citigroup.

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

Clearwire Corp. (NASDAQ: CLWR) cut to Underperform at D.A. Davidson.

D.R. Horton Inc. (NYSE: DHI) raised to overweight at Barclays.

Harmony Gold Mining Co. Ltd. (NYSE: HMY) raised to Neutral at Citigroup.

hhgregg Inc. (NYSE: HGG) cut to Underperform at Credit Suisse.

KB Home (NYSE: KBH) cut to Equal Weight at Barclays.

Macy’s Inc. (NYSE: M) raised to Buy at Citigroup.

Marvell Technology Group Ltd. (NASDAQ: MRVL) raised to Outperform at RBC.

PulteGroup Inc. (NYSE: PHM) cut to Equal Weight at Barclays.

Ryland Group Inc. (NYSE: RYL) cut to Underweight at Barclays.

SandRidge Energy Inc. (NYSE: SD) cut to Underweight at J.P. Morgan.

Stillwater Mining Co. (NYSE: SWC) raised to Overweight at J.P. Morgan.

Target Corp. (NYSE: TGT) raised to Buy at Citigroup.

Toll Brothers Inc. (NYSE: TOL) cut to Underweight at Barclays.

UnitedHealth Group Inc. (NYSE: UNH) raised to Conviction Buy List at Goldman Sachs.

Williams-Sonoma Inc. (NYSE: WSM) started as Neutral at Credit Suisse.

Zynga Inc. (NASDAQ: ZNGA) raised to Buy at BofA/Merrill Lynch (FULL SUMMARY).