Top Analyst Upgrades and Downgrades (BUD, AAPL, ARMH, ATML, BA, DELL, GOOG, K, SEE, SNCR, VOD, ATEC, ANAC)

Bull and Bear
Bull and Bear

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

Anheuser-Busch InBev S.A. (NYSE: BUD) cut to Reduce at Nomura.

Apple Inc. (NASDAQ: AAPL) has seen its estimates trimmed by many analysts, but few formal downgrades as no one wants to throw the towel in on the stock. Until now: Pacific Crest cut the rating to Sector Perform from Outperform. Also, we warned yesterday that there is $60 to $75 worth of dead air per share if it cannot get back above $500 soon.

ARM Holdings PLC (NASDAQ: ARMH) cut to Neutral at UBS.

Atmel Corp. (NASDAQ: ATML) reiterated Buy and raised price target to $8 at Canaccord Genuity.

Boeing Co. (NYSE: BA) maintained Buy but removed the prized Conviction Buy List at Goldman Sachs.

Dell Inc. (NASDAQ: DELL) cut to Hold at Argus

Google Inc. (NASDAQ: GOOG) maintained Buy with $810 target price but lowered 2013/2014 earnings estimates at Canaccord Genuity.

Kellogg Co. (NYSE: K) cut to Underperform at Credit Suisse.

Sealed Air Corp. (NYSE: SEE) raised to Buy at Citigroup.

Synchronoss Technologies Inc. (NASDAQ: SNCR) raised to Outperform with $29 price target at Credit Suisse.

Vodafone Group PLC (NASDAQ: VOD) cut to Hold at Deutsche Bank.

Two near-double calls from Canaccord Genuity: Alphatec Holdings Inc. (NASDAQ: ATEC) was reiterated Buy with $3 price target, and Anacor Pharmaceuticals Inc. (NASDAQ: ANAC) was reiterated Buy with a $9.00 price target. See also 12 Stocks Expected to Rise 50% to 100% in 2013.

Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: AAPL, ANAC, ARMH, ATEC, ATML, BA, BUD, DELL, GOOG, K, SEE, SNCR, VOD

Originally published