Here is a list of this morning’s company upgrades, downgrades, and coverage initiations by brokerage firms with roughly 15 minutes until the opening bell.
Analyst Upgrades:
- Alcoa (AA) upgraded to Market Perform at BMO Capital Markets ; price target set at $15
- State Street (STT) upgraded to Buy at Argus ; price target set at $60
- Solarfun Power (SOLF) upgraded to Underperform at Jefferies & Co ; price target set at $7
- Northwest Bancshares (NWBI) upgraded to Buy at Janney Montgomery Scott
- Citigroup raises their Apple (AAPL) price target to $264 from $260
- PAREXEL (PRXL) upgraded to Outperform at Raymond James ; price target set at $20
- Plains All American Pipeline (PAA) upgraded to Outperform at Credit Suisse ; price target raised to $62 from $54
- Wynn Resorts (WYNN) upgraded to Neutral at JP Morgan ; price target raised to $72 from $64
- Amazon.com (AMZN) upgraded to Outperform at Oppenheimer ; price target raised to $162 from $130
- Morgan Stanley (MS) upgraded to Outperform at William Blair
- Texas Instruments (TXN) upgraded to Outperform at Robert W. Baird ; price target raised to $30 from $28
- Novellus (NVLS) upgraded to Top Pick at RBC Capital Markets
- PrivateBancorp (PVTB) upgraded to Oupterform at BMO Capital Markets ; price target set at $16
- Sunpower (SPWRA) upgraded to Buy at Jefferies & Co ; price target raised to $39 from $29
- Limited (LTD) upgraded to Outperform at BMO Capital Markets ; price target set at $25
- TheStreet.com (TSCM) upgraded to Outperform at JMP Securities ; price target set at $5
- CNH Global (CNH) upgraded to Neutral from Underweight at JP Morgan
- Diodes (DIOD) upgraded to Buy at Longbow ; price target set at $23
- Eaton (ETN) upgraded to Buy at KeyBanc Capital Markets ; price target set at $80
- KB Home (KBH) upgraded to Outperform at Raymond James ; price target set at $18
- American Express (AXP) upgraded to Neutral from Sell at Ladenburg Thalmann ; price target set at $40
- CLARCOR (CLC) upgraded to Outperform at Robert W. Baird ; price target set at $40
- CNX Gas (CXG) upgraded to Buy at UBS ; price target raised to $34 from $32
- Applied Materials (AMAT) upgraded to Outperform at Oppenheimer ; price target set at $20
- Salix Pharmaceutical (SLXP) upgraded to Outperform at Oppenheimer ; price target set at $40
- Thomas Weisel is raising their price target on Live Nation (LYV) to $13.50 from $8.5
- Citrix Systems (CTXS) upgraded to Buy at Jefferies & Co ; price target raised to $48 from $43
- Volterra Semi (VLTR) upgraded to Buy at Needham ; price target set at $24
- Amylin Pharmceuticals (AMLN) upgraded to Buy at Citigroup ; target raised to $27 from $14
- Continental Resources (CLR) upgraded to Buy at UBS ; price target set at $46
- Arena Resources (ARD) upgraded to Buy at UBS ; price target set at $46
- Logitech International SA (LOGI) upgraded to Hold from Sell at Citigroup
- Lexmark (LXK) upgraded to Overweight at Barclays Capital ; price target raised to $34 from $26
- Suntech Power (STP) upgraded to Hold at Jefferies & Co ; price target set at $12
- China Sunergy (CSUN) upgraded to Hold at Jefferies & Co ; price target raised to $4.50 from $4
Analyst Downgrades:
- Wimm-Bill-Dann Foods (WBD) downgraded to Neutral from Overweight at JP Morgan ; price target set at $22.50
- Anixter (AXE) downgraded to Underperform at Credit Suisse ; price target set at $36
- CIGNA (CI) downgraded to Perform from Outperform at Oppenheimer ; price target set at $38
- Weatherford (WFT) downgraded to Sector Perform from Outperform at RBC Capital Markets
- Johnson Controls (JCI) downgraded to Neutral from Buy at UBS
- Neutral Tandem (TNDM) downgraded to Market Perform at Raymond James
- Tractor Supply (TSCO) downgraded to Neutral at Robert W. Baird ; price target lowered to $55 from $58
Coverage Initiated:
- Xcel Energy (XEL) initiated with a Neutral at Sun Trust Rbsn Humphrey
- American Water (AWK) initiated with a Buy at Morgan Joseph ; price target set at $26
- Crimson Exploration (CXPO) initiated with an Outperform at Morgan Keegan
- Kraton Performance Polymers (KRA) initiated with an Outperform at Oppenheimer ; price target set at $20
- American Electric (AEP) initiated with a Buy at Sun Trust Rbsn Humphrey ; price target set at $40
- CMS Energy (CMS) initiated with a Buy at Sun Trust Rbsn Humphrey ; price target set at $18
- Nexxus Lighting (NEXS) initiated with a Buy at Canaccord Adams ; price target set at $7
- Crimson Exploration (CXPO) initiated with an Overweight at Barclays Capital ; price target set at $8
- Edison (EIX) initiated with a Buy at Sun Trust Rbsn Humphrey ; price target set at $39
- Nabors Industries (NBR) initiated with a Sell at C.K. Cooper ; price target set at $20
- Cobalt International Energy (CIE) initiated with an Overweight at Thomas Weisel ; price target set at 421
- Wal-Mart (WMT) initiated with a Strong Buy at Raymond James ; price target set at $63
- Liberty Starz (LSTZA) initiated with a Buy at Lazard ; price target set at $73
- TECO Energy (TE) initiated with a Neutral at Sun Trust Rbsn Humphrey
- Thomas & Betts (TNB) initiated with an Outperform at Robert W. Baird ; price target set at $42
- Liberty Capital (LCAPA) initiated with a Buy at Lazard ; price target set at $50
- Kraton Performance Polymers (KRA) initiated with an Outperform at Credit Suisse ; price target set at $19
