Top Analyst Upgrades and Downgrades (ALGN, AMGN, C, DYN, FDX, MFRM, MDLZ, NKE, OPEN, ORCL, POT, MOS, PB, STX, TTWO, TEVA, UA, VOLC, YELP)

Bull and Bear
Bull and Bear

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

Align Technology Inc. (NASDAQ: ALGN) cut to Underperform as Bear of the Day at Zacks.

Amgen Inc. (NASDAQ: AMGN) raised to Outperform Bull of the Day at Zacks.

Citigroup Inc. (NYSE: C) reiterated Outperform with $37 target at Credit Suisse.

Dynegy Inc. (NYSE: DYN) started as Accumulate at Tudor Pickering.

FedEx Corp. (NYSE: FDX) cut to Outperform at Raymond James.

Mattress Firm Holding Corp. (NASDAQ: MFRM) started as Buy at Citigroup.

Mondelez International Inc. (NASDAQ: MDLZ) cut to Hold at Argus.

Nike Inc. (NYSE: NKE) started as Neutral at J.P. Morgan.

OpenTable Inc. (NASDAQ: OPEN) started as Overweight with $53 target at J.P. Morgan.

Oracle Corp. (NASDAQ: ORCL) reiterated Outperform with $40 target at Credit Suisse as it said, "Headwinds Fading … So, Jump on Board!" (That was its snapshot analysis.)

Potash Corp. of Saskatchewan Inc. (NYSE: POT) and Mosaic Co. (NYSE: MOS) were both resumed with Buy ratings by Goldman Sachs.

Prosperity Bancshares Inc. (NYSE: PB) raised to Outperform at Baird.

Seagate Technology PLC (NASDAQ: STX) cut to Underweight at J.P. Morgan.

Take-Two Interactive Software Inc. (NASDAQ: TTWO) raised to Overweight with $18 target at Piper Jaffray.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) cut to Market Perform at Leerink Swann after its investor day guidance.

Under Amour Inc. (NYSE: UA) started as Underweight at J.P. Morgan.

Volcano Corp. (NASDAQ: VOLC) cut to Neutral at Credit Suisse.

Yelp Inc. (NYSE: YELP) started as Neutral at J.P. Morgan.

Here are some other outlook pieces for the end of 2012 and 2013:

  • Fortune's Top 10 Stocks to Buy for 2013

  • BofA's 10 Defensive and Yield Stock Picks for 2013

  • The Big Gold Trade: 2013 Pairing Gold Versus Miners

  • S&P 500 Upside Targets for 2013 from Everyone

  • Our own 2013 Alternative Energy and Cleantech Outlook for 2013


Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: ALGN, AMGN, C, DYN, FDX, MDLZ, MFRM, MOS, NKE, OPEN, ORCL, PB, POT, STX, TEVA, TTWO, UA, VOLC, Yelp