Upgrades
NFLX – Netflix upgraded to Outperform at Wedbush
LULU – lululemon athletica initiated with a Buy at Argus
TEVA – Teva Pharma resumed with a Buy at Goldman
GIS – General Mills target raised to $44 from $40 at Stifel Nicolaus
BMY – Bristol-Myers upgraded to Buy from Neutral at Goldman
STJ – St. Jude Medical initiated with a Buy at Kaufman Bros
GSK – GlaxoSmithKline upgraded to Neutral from Sell at Goldman
RHT – Red Hat target raised to $50 from $48 at RBC Capital Mkts
SYK – Stryker upgraded to Buy from Hold at Citigroup
HNZ – HJ Heinz initiated with a Buy at Jefferies
INTC – Intel upgraded to Buy from Neutral at BofA/Merrill
BRCM – Broadcom upgraded to Market Perform from Underperform at JMP Securities
LVS – Las Vegas Sands tgt raised to $59 from $52 at Goldman
Downgrades
YOKU – Youku.com removed from Conviction Buy List at Goldman
JNJ – Johnson & Johnson downgraded to Neutral from Buy at Goldman
PG – Procter & Gamble downgraded to Neutral from Buy at SunTrust
UA – Under Armour downgraded to Hold at Needham
MLNX – Mellanox Tech reinstated with a Neutral at Credit Suisse
CVS – CVS Caremark initiated with a Hold at Deutsche Bank
BMO – Bank of Montreal downgraded to Underperform from Sector Perform at Scotia
MDU – MDU Resources initiated with a Hold at Capstone
CPRT – Copart target lowered to $42 from $45 at RBC Capital Mkts
WPI – Watson Pharm resumed with Conviction Buy at Goldman
URBN – Urban Outfitters downgraded to Underperform at Wedbush
WCG – WellCare Group target lowered to $55 from $57 at Stifel Nicolaus
If you enjoy the content at iBankCoin, please follow us on Twitter
