Upgrades
PCP – Precision Castparts initiated with a Buy at CRT Capital
TD – Toronto-Dominion Bank upgraded to Outperform from Neutral at Credit Suisse
GSM – Globe Specialty Metals assumed with a Buy at Jefferies
UPS – UPS upgraded to Outperform from Neutral at Credit Suisse
RIMM – Research In Motion tgt raised to $37 from $25 at BofA/Merrill
CSL – Carlisle Cos initiated with a Buy at Keybanc
LQDT – Liquidity Services upgraded to Outperform at Oppenheimer
AZSEY – Allianz SE upgraded to Buy from Hold at Collins Stewart
CAS – A.M. Castle coverage assumed with a Buy from Hold at Jefferies
Downgrades
SQM – Sociedad Quimica y Minera downgraded to Hold from Buy at Deutsche Bank
HINKY – Heineken downgraded to Hold from Buy at Citigroup
BCSI – Blue Coat upgraded to Neutral from Sell at Lazard
MMI – Motorola Mobility downgraded to Equal Weight from Overweight at Morgan Stanley
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