Upgrades
YHOO – Yahoo!: Needham discusses Alibaba/Alipay situation; views pullback as a buying opportunity
EXPE – Expedia upgraded to Buy from Neutral at Lazard – tgt $30
NTAP – NetApp upgraded to Buy from Hold at Canaccord Genuity
IAG – IAMGOLD target raised to $26 from $23 at RBC Capital Mkts
ANN – AnnTaylor upgraded to Outperform at Wedbush; tgt raised to $38
FDX – FedEx target raised to $120 from $116 at Stifel Nicolaus
IYH – U.S. Healthcare Sector upgraded to Overweight at JP Morgan
AIG – American Intl upgraded to Market Perform from Underperform at Wells Fargo
QCOR – Questcor Pharma target raised to $28 from $24 at Maxim Group
FL – Foot Locker target raised to $26 from $23 at Wedbush
AMGN – Amgen tgt raised to $70 from $65 at JPMorgan
MUR – Murphy Oil upgraded to Outperform from Market Perform at Raymond James
AET – Aetna upgraded to Buy from Hold at Citigroup – tgt raised to $56 from $47
CA – CA Tech target raised to $29 from $27 at Needham
AMTD – TD Ameritrade upgraded to Outperform from Market Perform at Wells Fargo
Downgrades
AMZN – Amazon.com initiated with a Neutral at Suntrust
GWW – W.W. Grainger upgraded to Hold from Sell at Citigroup
ONNN – ON Semiconductor initiated with Neutral at Susquehanna
HCN – Healthcare REIT sector downgraded to Market Weight from Overweight at Jefferies
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