Here is a list of this morning’s top companies upgrades, downgrades, and initiations by brokerage firms.
Upgrades:
- Boeing (BA) upgraded to Outperform from Perform at Wells Fargo
- Cavium Networks (CAVM) upgraded to Outperform from Neutral at Cowen
- Children’s Place Retail Stores (PLCE) upgraded to Overweight from Neutral at JP Morgan
- Coinstar (CSTR) target raised to $47 from $35 at Wedbush
- Marvell Technology (MRVL) upgraded to Buy from Hold at Deutsche Bank
- Pharmaceutical Product Development (PPDI) upgraded to Neutral from Sell at Goldman
- Sanmina-SCI (SANM) upgraded to Buy from Hold at Needham; price target $23
- TASER International (TASR) upgraded to Neutral from Underweight at JP Morgan; price target $6
Downgrades:
- American International Group (AIG) downgraded to Underperform from Perform at Keefe, Bruyette & Woods
- Baidu.com (BIDU) downgraded to Underperform from Neutral at Credit Suisse
- Insituform Technologies (INSU) downgraded to Neutral from Buy at Janney Mntgmy Scott
- Martha Stewart Living Omnimedia (MSO) downgraded to Hold from Buy at Morgan Joseph
- Sohu.com (SOHU) downgraded to Sell from Buy at Citigroup
Coverage Initiated:
- GT Solar International (SOLR) initiated with an Outperform at Pacific Crest; price target $9
- Intel (INTC) initiated with a Buy at Sterne Agee; price target $28
- International Game Technology (IGT) initiated with a Buy at KeyBanc Capital Markets; price target $27
- NVIDIA (NVDA) initiated with a Neutral at Sterne Agee
- Oracle (ORCL) initiated with a Buy at Citigroup; price target $32
- Sequenom (SQNM) initiated with a Neutral at Ladenburg Thalmann
- Vivus (VVUS) initiated with a Buy at Brean Murray; price target $15
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