Top Analyst Upgrades and Downgrades (ADTN, AGCO, MTGE, APA, BRCM, CAT, DNR, DVN, HK, MCD, MU, EDU, PFE, QCOM, RIMM, SUP, UTX, UTHR)

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

ADTRAN Inc. (NASDAQ: ADTN) cut to Underperform at BofA/ML.

AGCO Corp. (NYSE: AGCO) named value stock of the day at Zacks.

American Capital Mortgage Investment (NASDAQ: MTGE) started as Market Outperform at JMP Securities.

Apache Corp. (NYSE: APA) maintained Hold but lowered estimates at Argus.

Broadcom Corp. (NASDAQ: BRCM) started as Buy at Brean Murray.

Caterpillar Inc. (NYSE: CAT) cut to Neutral at BofA/ML.

Denbury Resources Inc. (NYSE: DNR) started as Neutral at Credit Suisse.

Devon Energy Corp. (NYSE: DVN) started as Outperform at Credit Suisse.

Halcon Resources Corp. (NYSE: HK) started as Buy at Canaccord Genuity.

McDonald's Corp. (NYSE: MCD) cut to Neutral at Janney.

Micron Technology Inc. (NASDAQ: MU) reiterated Buy with $10 target at Stern Agee.

New Oriental Education & Technology Group (NYSE: EDU) started as Outperform at Credit Suisse.

Pfizer Inc. (NYSE: PFE) started as Outperform at BMO.

Qualcomm Inc. (NASDAQ: QCOM) started as Buy at Brean Murray.

Research in Motion Ltd. (NASDAQ: RIMM) raised to Outperform at National Bank and maintained Neutral at Credit Suisse.

Superior Industries International Inc. (NYSE: SUP) named as Bear of the Day at Zacks.

United Technologies Corp. (NYSE: UTX) cut to Perform at Oppenheimer.

United Therapeutics Corp. (NASDAQ: UTHR) named as Bull of the Day at Zacks.

JON C. OGG

Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: ADTN, AGCO, APA, BRCM, CAT, DNR, DVN, EDU, HK, MCD, MTGE, MU, PFE, QCOM, RIMM, SUP, UTHR, UTX