Top Analyst Upgrades and Downgrades (AMZN, DOX, AAPL, MT, CINF, ETFC, EBAY, GILD, HTWR, IPAR, SNDK, VMW, WFC)

March 14, 2013 by Jon C. Ogg

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

Amazon.com Inc. (NASDAQ: AMZN) cut to Neutral from Overweight at J.P. Morgan.

Amdocs Ltd. (NYSE: DOX) cut to Perform from Outperform at Oppenheimer.

Apple Inc. (NASDAQ: AAPL) was raised to Buy at a firm called BTIG, but its target was slashed to $600 late on Wednesday at Argus.

ArcelorMittal (NYSE: MT) named Bear of the Day due to challenging times with declining demand and overcapacity at Zacks, as well as raised to Buy at Citigroup.

Cincinnati Financial Corp. (NASDAQ: CINF), due to a juicy dividend yield and excellent growth potential, named Bull of the Day at Zacks.

E*Trade Financial Corp. (NASDAQ: ETFC) cut to Underperform from Market Perform at KBW.

eBay Inc. (NASDAQ: EBAY) reiterated Buy with $65 target at Argus and raised to Overweight at Evercore.

Gilead Sciences Inc. (NASDAQ: GILD) reiterated Buy and raised target to $50 from $45 at Oppenheimer.

Heartware International Inc. (NASDAQ: HTWR) started as Market Perform at William Blair.

Inter Parfums Inc. (NASDAQ: IPAR) reiterated Outperform and raised target to $27 from $24 at Oppenheimer.

SanDisk Corp. (NASDAQ: SNDK) started as Outperform at Macquarie.

VMware Inc. (NYSE: VMW) raised to Outperform at William Blair and maintained on Focus List at Credit Suisse.

Wells Fargo & Co. (NYSE: WFC) started as Market Perform at BMO Capital.

UBS has a list of large-cap tech stocks it says will lead the way for investors.

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