Top Analyst Upgrades and Downgrades (AMAT, MT, AVY, BIIB, BRCD, COG, DG, DLTR, FDO, HIG, HPQ, HD, ILMN, LXU, RCI, SUP, WETF, ZNGA)
Oct 5th 2012 8:40AM
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday.
Applied Materials Inc. (NASDAQ: AMAT) maintained Buy with $16 target after layoffs and restructuring by Argus.
ArecelorMittal (NYSE: MT) cut to Netral at Citigroup.
Avery Dennison Corp. (NYSE: AVY) started as Underperform with $29.50 target at Credit Suisse.
Biogen Idec Inc. (NASDAQ: BIIB) cut to Perform at Oppenheimer.
Brocade Communications Systems Inc. (NASDAQ: BRCD) started as Neutral at Stern Agee.
Cabot Oil & Gas Corp. (NYSE: COG) reiterated Buy and raised target to $80 at Canaccord Genuity.
Dollar General Corp. (NYSE: DG) started as Neutral at Credit Suisse.
Dollar Tree Inc. (NASDAQ: DLTR) started as Outperform with $55 target at Credit Suisse.
Family Dollar Stores Inc. (NYSE: FDO) started as Outperform with $81 target at Credit Suisse.
Hartford Financial Services Group Inc. (NYSE: HIG) reiterated Outperform and raised estimates and target to $27 at Credit Suisse.
Hewlett-Packard Co. (NYSE: HPQ) cut to Hold at Argus and cut to Neutral at Stern Agee.
Home Depot Inc. (NYSE: HD) reiterated Buy and raised target to $68 at Argus.
Illumina Inc. (NASDAQ: ILMN) maintained Outperform with $55 target at Credit Suisse.
LSB Industries Inc. (NYSE: LXU) named value stock of the day at Zacks.
Native American Energy Group (NAGP) raised target to $2 at Zacks.
Rogers Communications Inc. (NYSE: RCI) named Bull of the Day at Zacks.
Superior Industries International Inc. (NYSE: SUP) named Bear of the Day at Zacks.
Widom Tree Investments Inc. (NASDAQ: WETF) raised to Conviction Buy List with $9 target at Goldman Sachs.
Zynga Inc. (NASDAQ: ZNGA) cut to Neutral at R.W. Baird.
JON C. OGG
Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: AMAT, AVY, BIIB, BRCD, COG, DG, DLTR, FDO, HD, HIG, HPQ, ILMN, LXU, MT, RCI, SUP, WETF, ZNGA