Upgrades
SPG – Simon Properties target raised to $130 from $120 at RBC Capital Mkts
APA – Apache target raised to $150 from $130 at Oppenheimer
HUM – Humana target raised to $83 from $62 at Oppenheimer
MCP – Molycorp target raised to $125 at Dahlman Rose
JKS – JinkoSolar Holding target raised to $35 from $32 at Brean Murray
SABA – Saba Software initiated with a Buy at The Benchmark Company; tgt $15
AWI – Armstrong World Industries target raised to $55 from $50 at RBC Capital Mkts
ADP – Automatic Data target raised to $60 from $52 at RBC Capital Mkts
CGNX – Cognex target raised to $42 from $35 at Needham – following earnings
DiSH – DISH Network target raised to $35 from $30 at RBC Capital Mkts
GPRO – Gen-Probe target raised to $90 from $57 at RBC Capital Mkts
FSRV – FirstService initiated with an Outperform at JMP Securities; tgt $45
Downgrades
DNDN – Dendreon target lowered to $60 from $65 at Brean Murray
IMAX – IMAX initiated with a Hold at Stifel Nicolaus
VZ – Verizon downgraded to Reduce from Neutral at Citadel
CHU – China Unicom Hong Kong downgraded to Underperform at Macquarie
KKD – Krispy Kreme initiated with a Neutral at Janney Montgomery Scott
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