Top Analyst Upgrades and Downgrades (CYOU, EMN, ELN, EXPE, GSK, GRPN, KYAK, MCP, OMX, PANW, ZZ, SCSS, LUV, VALE, WEN)

These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday morning.

Changyou.com Ltd. (NASDAQ: CYOU) started as Buy at Citigroup.

Eastman Chemical Co. (NYSE: EMN) named Bull of the Day at Zacks.

Elan PLC (NYSE: ELN) raised to Buy at UBS.

Expedia Inc. (NASDAQ: EXPE) cut to Hold at Stifel Nicolaus.

GlaxoSmithKline PLC (NYSE: GSK) named Bear of the Day at Zacks.

Groupon Inc. (NASDAQ: GRPN) cut to Neutral at Citigroup.

Kayak Software Corp. (NASDAQ: KYAK) started as Buy at Deutsche Bank, started as Neutral at Piper Jaffray and started as Hold at Stifel Nicolaus.

Molycorp Inc. (NYSE: MCP) started as Overweight at Morgan Stanley. S&P downgraded the corporate credit rating late on Monday before the close.

OfficeMax Inc. (NYSE: OMX) named value stock of the day at Zacks.

Palo Alto Networks Inc. (NYSE: PANW) started as Outperform at Credit Suisse, started as Neutral at Citi, started as Buy at Goldman Sachs and started as Equal Weight at Morgan Stanley.

Sealy Corp. (NYSE: ZZ) started as Underweight at Barclays.

Select Comfort Corp. (NASDAQ: SCSS) started as Overweight at Barclays.

Southwest Airlines Co. (NYSE: LUV) raised to Neutral at BofA/ML.

Vale S.A. (NYSE: VALE) cut to Neutral at BofA/ML.

The Wendy's Company (NASDAQ: WEN) cut to Underweight at KeyBanc Capital Markets.

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JON C. OGG

Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: CYOU, ELN, EMN, EXPE, featured, GRPN, GSK, KYAK, LUV, MCP, OMX, PANW, SCSS, VALE, WEN, ZZ