Upgrades
EMC: Storage momentum continues – Oppenheimer
F5 Networks: Complicated March, better June – Oppenheimer
Chesapeake Midstream Partners initiated with a Buy at Wunderlich; tgt $32.50
Schlumberger and Weatherford (WFT) initiated with Buy at Madison Williams
Las Vegas Sands upgraded to Buy at Stifel Nicolaus; tgt $55; DOJ/SEC sell-off presents long-term oppty
US Airways upgraded to Overweight from Neutral at JP Morgan
Downgrades
Baidu.com downgraded to Hold from Buy at Mizuho
Mosaic downgraded to Sector Perform from Outperform at Scotia
OpenTable downgraded to Hold from Buy at ThinkEquity
AU Optronics: The iPad 2 panel win that wasn’t – Kaufman
AMR downgraded to Neutral from Overweight at JP Morgan
Ross Stores initiated with a Hold at Soleil
Global Payment downgraded to Hold from Buy at Lazard
Medifast target lowered to $29 from $44 at Northland Securities; as growth rate is slowing down from unsustainable levels
Nokia target lowered to $12 from $14 at RBC Capital Mkts
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