Top Analyst Upgrades and Downgrades (ADTN, ED, EBAY, ENB, EXXI, GPS, JCP, LAZ, PCS, NUVA, RKT, SBAC, S, TWX)

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

ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at UBS.

Consolidated Edison Inc. (NYSE: ED) raised to Buy at Argus.

eBay Inc. (NASDAQ: EBAY) raised to Buy at Nomura.

Enbridge Inc. (NYSE: ENB) raised to Outperform at BMO Capital Markets.

Energy XXI Ltd. (NASDAQ: EXXI) started as Buy at Canaccord Genuity.

Gap Inc. (NYSE: GPS) named Bull of the Day at Zacks.

JCPenney Co. Inc. (NYSE: JCP) named Bear of the Day at Zacks.

Lazard Ltd. (NYSE: LAZ) cut to Market Perform at JMP Securities.

MetroPCS Communications Inc. (NYSE: PCS) cut to Reduce at Nomura.

NuVasive Inc. (NASDAQ: NUVA) cut to Market Perform at JMP Securities, cut to Market Perform at Wells Fargo and cut to Underperform at BMO Capital Markets.

Rock-Tenn Co. (NYSE: RKT) named value stock of the day at Zacks.

SBA Communications Corp. (NASDAQ: SBAC) raised to Buy at Citigroup.

Sprint Nextel Corp. (NYSE: S) cut to underperform at R.W. Baird.

Time Warned Inc. (NYSE: TWX) cut to Hold at Argus.


Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: ADTN, EBAY, ED, ENB, EXXI, GPS, JCP, LAZ, NUVA, PCS, RKT, S, SBAC, TWX
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