Upgrades
KMT – Kennametal assumed with Outperform at Credit Suisse
RA – RailAmerica upgraded to Buy at Stifel Nicolaus
PTI – Patni Computer Sys downgraded to Sell from Neutral at UBS
TTC – Toro upgraded to Buy from Neutral at Janney
OCN – Ocwen Fincl assumed with Overweight at Piper Jaffray
FFIV – F5 Networks upgraded to Buy at Stifel Nicolaus
CAE – CAE upgraded to Buy from Neutral at UBS
RCKB – Rockville Financial initiated with a Buy at Stifel Nicolaus
WETF – WisdomTree initiated with Overweight at Piper Jaffray
SAY – SAP AG initiated with Buy at RBS
AEO – American Eagle upgraded to Neutral from Sell at Lazard Capital Markets
PVX – Provident Energy Trust upgraded to Buy from Hold at TD Newcrest
Downgrades
MET – MetLife target lowered to $46 from $54 at Argus
ECA – EnCana downgraded to Hold at The Benchmark Company
HPQ – Hewlett-Packard downgraded to Sector Perform
AMAT – Applied Materials target lowered to $13 at Needham
ORCL – Oracle target lowered to $36 at Macquarie
MU – Micron target lowered to $9 from $12.50 at Wedbush
UTHR – United Therapeutics target lowered to $53 from $77 at Oppenheimer
VE – Veolia Environnement downgraded to Neutral at Credit Suisse
GGG – Graco downgraded to Hold from Buy at BB&T
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