Top Analyst Upgrades and Downgrades (ABAX, ATVI, AFFY, AKAM, AIG, ETN, GILD, HNZ, IP, OXY, OMG, OC, PAAS, SWY, TTWO, TEVA, TPH, VMW)

Photo of Jon C. Ogg
By Jon C. Ogg Published

Bull and Bear

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

Abaxis Inc. (NASDAQ: ABAX) cut to Underperform from Neutral.

Activision Blizzard Inc. (NASDAQ: ATVI) reiterated Buy with $18 target at Argus.

Affymax Inc. (NASDAQ: AFFY) was downgraded across the board by Piper Jaffray, Baird, Stifel Nicolaus and others after its deadly dialysis injection recall was announced over the weekend.

Akamai Technologies Inc. (NASDAQ: AKAM) raised to Outperform at Macquarie.

American International Group Inc. (NYSE: AIG) reiterated Buy and raised price target by $5 to $45 at Argus.

Eaton Corp. (NYSE: ETN) started as Outperform with $72 target price at Credit Suisse.

Gilead Sciences Inc. (NASDAQ: GILD) was maintained Buy but it was added to the key US 1 List at BofA/Merrill Lynch.

H.J. Heinz (NYSE: HNZ) cut to Neutral from Buy at Citigroup.

International Paper Co. (NYSE: IP) raised to Overweight at J.P. Morgan.

Occidental Petroleum Corp. (NYSE: OXY) raised to Outperform at Raymond James.

OM Group Inc. (NYSE: OMG) named Bear of the Day at Zacks.

Owens Corning (NYSE: OC) cut to Market Perform at Wells Fargo.

Pan American Silver Corp. (NASDAQ: PAAS) raised to Buy at Canaccord Genuity.

Safeway Inc. (NYSE: SWY) raised to Neutral at BofA/Merrill Lynch.

Take-Two Interactive Software Inc. (NASDAQ: TTWO) named Bull of the Day after hitting the reset button at Zacks.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) cut to Hold at Argus.

TRI Pointe Homes Inc. (NYSE: TPH) started as Outperform at FBR and started as Buy at Deutsche Bank.

VMware Inc. (NYSE: VMW) raised to Neutral at Citigroup.

Photo of Jon C. Ogg
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.

Continue Reading

Top Gaining Stocks

KMX Vol: 7,330,419
GLW Vol: 22,800,969
INTC Vol: 233,719,006
SMCI Vol: 68,465,534
ENPH Vol: 13,978,376

Top Losing Stocks

ACN Vol: 41,744,333
EPAM Vol: 5,636,587
CTSH Vol: 61,311,400
CTRA Vol: 73,319,495
KR Vol: 26,704,230