These are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls.
Avon Products Inc. (NYSE: AVP) raised to Neutral at UBS.
Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) raised to Overweight at Morgan Stanley.
BankRate Inc. (NYSE: RATE) cut to Neutral at Citigroup.
Buckeye Partners L.P. (NYSE: BPL) raised to Buy with target of $58 at Argus.
Clearwire Corp. (NASDAQ: CLWR) cut to Underperform at Raymond James.
Cliffs Natural Resources Inc. (NYSE: CLF) cut to Hold at Deutsche Bank.
Comcast Corp. (NASDAQ: CMCSA) raised to Outperform at Credit Suisse.
Concho Resources Inc. (NYSE: CXO) started as Neutral at Credit Suisse.
Dell Inc. (NASDAQ: DELL) cut to Market Perform at Bernstein.
Fossil Inc. (NASDAQ: FOSL) cut to neutral at Macquarie, cut to Underperform at FBR and cut to Outperform at CLSA.
General Electric Co. (NYSE: GE) reiterated Outperform and raised target by $1 to $25 at Credit Suisse.
Groupon Inc. (NASDAQ: GRPN) raised to Buy at Stern Agee.
Phillip Morris International Inc. (NYSE: PM) raised to Neutral at Nomura.
Pioneer Natural Resources Co. (NYSE: PXD) started as Outperform at Credit Suisse.
SandRidge Energy Inc. (NYSE: SD) started as Neutral at Credit Suisse.
Zimmer Holdings Inc. (NYSE: ZMH) raised to Buy with $90 target at Argus.