Top Analyst Upgrades and Downgrades (AKS, AMAT, ADM, ARMH, BWP, CLF, COH, INTC, JOY, PBR, RLGY, RIMM, TDC, TSN, WFC, WFM)
Nov 20th 2012 8:35AM
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Tuesday.
AK Steel Corp. (NYSE: AKS) raised to Neutral at Goldman Sachs.
Applied Materials Inc. (NASDAQ: AMAT) reiterated as Buy with $16 target at Argus.
Archer Daniels Midland Co. (NYSE: ADM) raised to Outperform at BMO.
ARM Holdings PLC (NASDAQ: ARMH) cut to Outperform from Strong Buy at Raymond James.
Boardwalk Pipeline Partners. LP (NYSE: BWP) raised to Outperform at Credit Suisse.
Cliffs Natural Resources Inc. (NYSE: CLF) maintained Underperform but lowered estimates at Credit Suisse; cut to Sell at Goldman Sachs.
Coach Inc. (NYSE: COH) started as Outperform at Wells Fargo.
Intel Corp. (NASDAQ: INTC) cut to Neutral at UBS.
Joy Global Inc. (NYSE: JOY) raised to Market Perform at BMO.
Petroleo Brasileiro Petrobras S.A. (NYSE: PBR) cut to Market Perform at Raymond James.
Realogy Corp. (NYSE: RLGY) started as Neutral at Credit Suisse, started as Overweight at JPMorgan, started as Buy at BofA/ML and started as Neutral at Goldman Sachs.
Research In Motion Ltd. (NASDAQ: RIMM) raised to Hold at Jefferies.
Teradata Corp. (NYSE: TDC) started as Outperform with $80 target at Credit Suisse.
Tyson Foods (NYSE: TSN) maintained Neutral but raised target to $20 at Credit Suisse.
Wells Fargo & Co. (NYSE: WFC) maintained Neutral but raised estimates at Credit Suisse.
Whole Foods Market Inc. (NASDAQ: WFM) raised to Buy at Goldman Sachs.
JON C. OGG
Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: ADM, AKS, AMAT, ARMH, BWP, CLF, COH, INTC, JOY, PBR, RIMM, RLGY, TDC, TSN, WFC, WFM