Upgrades
SYK – Stryker upgraded to Buy from Neutral at Goldman
POT – Potash tgt raised to $70 from $66 at UBS
NTAP – NetApp upgraded to Outperform from Sector Perform at RBC Capital
N – NetSuite target raised to $40 from $35 at Feltl & Co.
ROVI – Rovi upgraded to Buy at Maxim Group
BSX – Boston Scientific: Elliott to retire; sell-off overdone – RBC
DNDN – Dendreon: Positive Provenge takeaways from prostate cancer symposium – Collins Stewart
MSFT – Microsoft: Oppenheimer discusses MSFT’s acquisition of Skype; believes the deal makes strategic sense longer term
NUAN – Nuance Communications target raised to $25 from $23 at Northland Securities
FOSL – Fossil: Hearing upgraded to Buy at Credit Agricole
TMO – Thermo Fisher target raised to $73 from $66 at Auriga U.S.A
JASO – JA Solar upgraded to Neutral from Underperform at Credit Suisse
Downgrades
STEC – STEC Inc target lowered to $23 from $30 at Northland Securities – following weak Q2 guidance and EMC expectations reset
NRGY – Inergy downgraded to Market Perform from Strong Buy at Raymond James
KIM – Kimco Realty downgraded to Neutral from Buy at UBS
RIMM – Research In Motion downgraded to Hold from Buy at Societe Generale
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