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Top Analyst Upgrades and Downgrades: AK Steel, Alcoa, EA, Intel, IBM, Sony, Tyco, Wells Fargo and More

Other Key Analyst Calls

Alpha Natural Resources Inc. (NYSE: ANR) was started as Underperform at BMO Capital Markets.

Arch Coal Inc. (NYSE: ACI) was started as Underperform at BMO Capital Markets.

Allergan Inc. (NYSE: AGN) was downgraded to Market Perform at William Blair and downgraded to Neutral at SunTrust Robinson Humphrey.

ALSO READ: Major Changes to Berkshire Hathaway Stocks Holdings

Baker Hughes Inc. (NYSE: BHI) was downgraded to Hold from Buy on Halliburton acquisition at Argus.

CONSOL Energy Inc. (NYSE: CNX) was started as Outperform at BMO Capital Markets.

Century Aluminum Co. (NASDAQ: CENX) was started as Outperform at BMO Capital Markets.

Electronic Arts Inc. (NASDAQ: EA) was started as Overweight with a $48 price target (versus a $41.40 close) at Barclays.

Macy’s Inc. (NYSE: M) was downgraded to Neutral from Buy at Merrill Lynch.

Prestige Brands Holding Inc. (NYSE: PBH) was raised to Hold from Underperform at Jefferies.

Sony Corp. (NYSE: SNE) was raised to Buy from Hold at Deutsche Bank.

Tesoro Corp. (NYSE: TSO) was started as on the prized Conviction Buy List at Goldman Sachs and the price target was $108 (versus a $72.37 close).

Thoratec Corp. (NASDAQ: THOR) was raised to outperform and the price target was raised to $35 from $27 (versus a $29.20 close) at Credit Suisse.

ALSO READ: How Analysts Rate Cisco Now After Earnings

Tyco International Ltd. (NYSE: TYC) was raised to Buy from Hold with a target of $48 at Argus.

Urban Outfitters Inc. (NASDAQ: URBN) was down close to 6% after earnings, despite having already warned. William Blair downgraded it to Market Perform from Outperform. Canaccord Genuity cut its target price to $39 from $47.

If you missed Monday’s top analyst upgrades and downgrades, they included Allstate, Hecla Mining, Hertz, MGIC, Nokia, Office Depot, Procter & Gamble and a dozen or so more.