Upgrades
STO – Statoil ASA upgraded to Buy from Neutral at UBS
ASTE – Astec Industries upgraded to Buy from Hold at Canaccord Genuity
NCR – NCR Corp upgraded to Overweight from Neutral at JP Morgan
GPN – Global Payment initiated with a Buy at Citigroup
JNPR – Juniper Networks upgraded to Buy at Auriga; tgt lowered to $26
SAP – SAP AG assumed with a Buy at Nomura
DRI – Darden Restaurants upgraded to Outperform from Market Perform at Wells Fargo
XOM – Exxon Mobil upgraded to Buy from Neutral at UBS
RVBD – Riverbed Technology initiated with an Outperform at Raymond James
LAYN – Layne Christensen downgraded to Neutral at Boenning & Scattergood
HSP – Hospira downgraded to Outperform from Strong Buy at Raymond James
SINA – SINA initiated with a Mkt Perform at Rodman & Renshaw
ACI – Arch Coal upgraded to Overweight from Neutral at Atlantic Equities
Downgrades
TIN – Temple-Inland downgraded to Neutral from Buy at UBS
VMW – VMware initiated with a Neutral at Nomura
TZOO – Travelzoo downgraded to Mkt Perform at Morgan Keegan; tgt lowered to $32
DNDN – Dendreon initiated with an Underperform at Bernstein
MDVN – Medivation initiated with an Outperform at Bernstein
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