Top Analyst Upgrades and Downgrades (ALL, ARR, OFC, ISRG, COV, HMSY, JAKK, JMI, LOCK, LXFR, URI, WIT, YZC)
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday.
Allstate Corp. (NYSE: ALL) named Bull of the Day at Zacks.
Armour Residential REIT (NYSE: ARR) started as Outperform with $7.50 target at Credit Suisse.
Corporate Office Properties (NYSE: OFC) raised to Outperform at BMO Capital Markets.
Intuitive Surgical Inc. (NASDAQ: ISRG) added to US 1 Focus List at BofA/ML; Covidien PLC (NYSE: COV) and HMS Holdings Corp. (NASDAQ: HMSY) were being removed from the BofA/ML Focus 1 List.
JAKKS Pacific Inc. (NASDAQ: JAKK) maintained Underperform and named Bear of the Day at Zacks.
Javelin Mortgage Investment Corp. (NYSE: JMI) started as Neutral at Credit Suisse.
LifeLock Inc. (NYSE: LOCK) started as Buy at Needham; started as Buy at Deutsche Bank; started as Buy at Goldman Sachs.
Luxfer Holdings PLC (NYSE: LXFR) started as Outperform with $13 target at Credit Suisse.
United Rentals Inc. (NYSE: URI) named value stock of the day at Zacks.
Wipro Ltd. (NYSE: WIT) raised to Outperform at Credit Suisse.
Yanzhou Coal Mining Co. Ltd. (NYSE: YZC) cut to Underweight at HSBC.
HTC is not U.S.-traded on liquid markets but this hit a multiyear low and it was downgraded by both Macquarie and Daiwa in overseas coverage.
JON C. OGG
Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: ALL, ARR, COV, HMSY, ISRG, JAKK, JMI, LOCK, LXFR, OFC, URI, WIT, YZC