Top Analyst Upgrades and Downgrades (AMGN, ADP, BBVA, SAN, BIIB, DG, KSS, JBHT, KMI, KSS, PAYX, PSX, POT, RENN, SOHU, VLO, PAY, VOD, YOKU)

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

Amgen Inc. (NASDAQ: AMGN) cut to Neutral at R.W. Baird.

Automatic Data Processing Inc. (NASDAQ: ADP) cut to Underperform at Jefferies.

Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) cut to Equal Weight at Morgan Stanley.

Banco Santander S.A. (NYSE: SAN) raised to Overweight at Morgan Stanley.

Biogen Idec Inc. (NASDAQ: BIIB) reiterated Outperform and raised target to $165 at Credit Suisse.

Dollar General Corp. (NYSE: DG) started as Overweight with $61 target at Piper Jaffray.

JB Hunt Transport Services Inc. (NASDAQ: JBHT) raised to Buy at BofA/ML.

Kinder Morgan Inc. (NYSE: KMI) raised to Neutral at BofA/ML.

Kohl's Corp. (NYSE: KSS) raised to Neutral at Goldman Sachs and raised to Buy at Deutsche Bank.

Paychex Inc. (NASDAQ: PAYX) cut to Underperform at Jefferies.

Phillips 66 (NYSE: PSX) raised to Overweight at Morgan Stanley.

Potash Corp. of Saskatchewan (NYSE: POT) cut to Neutral at Citigroup.

Renren Inc. (NYSE: RENN) started as Sell at Citigroup.

Sohu.com Inc. (NASDAQ: SOHU) started as Buy at Citigroup.

Valero Energy Corp. (NYSE: VLO) raised to Overweight at Morgan Stanley.

VeriFone Systems Inc. (NYSE: PAY) reiterated Buy but lowered target to $40 at Argus.

Vodafone Group PLC (NASDAQ: VOD) cut to Neutral at Nomura.

Youku Tudou Inc. (NYSE: YOKU) started as Buy at Citigroup.

JON C. OGG

Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: ADP,, AMGN, BBVA, BIIB, DG, JBHT, KMI, KSS, PAY, PAYX, POT, PSX, RENN, SAN, SOHU, VLO, VOD, YOKU