Here is a list of this morning’s top companies upgrades, downgrades, and initiations by brokerage firms.
Upgrades:
- Alcoa (AA) upgraded to Outperform at Macquarie
- BP (BP) upgraded to Buy at Benchmark
- Cerner (CERN) upgraded to Overweight at JPMorgan
- Citigroup (C) upgraded to Outperform at Oppenheimer
- NVIDIA (NVDA) upgraded to Outperform at FBR
- Transocean (RIG) upgraded to Outperform at Macquarie
- VMware (VMW) upgraded to Outperform at RBC
- Vertex Pharmaceuticals (VRTX) upgraded to Neutral at Wedbush
Downgrades:
- Adobe Systems (ADBE) downgraded to Sector Perform at RBC
- DreamWorks Animation (DWA) downgraded to Hold at Jefferies
Coverage Initiated:
- Celera (CRA) initiated with a Buy at Jefferies
- Clarient (CLRT) initiated with a Buy at Benchmark
- Entropic Communications (ENTR) initiated with a Buy at ThinkEquity
- QuinStreet (QNST) initiated with an Outperform at Raymond James
- ValueClick (VCLK) initiated with a Strong Buy at Raymond James
