Upgrades
TXN – Texas Instruments upgraded to Above Average from Average at Caris
PPDI – PPD Inc. resumed with an Outperform at Wells Fargo
NKE – Nike target raised to $100 at FBR Capital
PCLN – Priceline.com initiated with an Outperform at Macquarie
TMO – Thermo Fisher resumed with Buy at Goldman
WX – WuXi PharmaTech initiated with an Outperform at Wells Fargo
XLNX – Xilinx initiated with an Outperform at William Blair
UA – Under Armour initiated with a Buy at Argus
RMBS – Rambus initiated with an Overweight at JP Morgan
SPWRA – Sunpower upgraded to Hold at Brigantine
FIO – Fusion-io initiated with a Buy at Stifel Nicolaus
ICLR – ICON plc resumed with a Market Perform at Wells Fargo
PPG – PPG Industries initiated with a Neutral at UBS
DFS – Discover Financial Services target raised to $35 from $33 at RBC Capital Mkts
TKC – Turkcell upgraded to Neutral from Sell at Goldman
TSS – Total System upgraded to Outperform from Market Perform at JMP Securities
CVD – Covance resumed with an Outperform at Wells Fargo
YOKU – Youku.com upgraded to Positive from Neutral at Susquehanna
ALTR – Altera initiated with an Outperform at William Blair
IR – Ingersoll-Rand initiated with a Buy at Jefferies
EXPE – Expedia initiated with Neutral at Macquarie
Downgrades
VIP – VimpelCom added to to pan-Europe Sell List at Goldman
ADM – Archer-Daniels initiated with a Neutral at Goldman
CAVM – Cavium Networks downgraded to Hold from Buy at Deutsche Bank
PEP – PepsiCo downgraded to Hold at Stifel Nicolaus
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