Upgrades
WMT – Wal-Mart tgt raised to $70 from $63 at Citigroup
GG – Goldcorp upgraded to Overweight from Neutral at HSBC
DELL – Dell target raised to $19 from $17 at Brean Murray
CDR – Cedar Shopping Centers upgraded to Oupterform from Market Perform at BMO Capital
VOCS – Vocus upgraded to Outperform from Neutral at Robert W. Baird
LNN – Lindsay Corp upgraded to Neutral at Wedbush
VRSN – VeriSign initiated with an Outperform at Cowen
BXP – Boston Properties target raised to $113 at RBC Capital Mkts
GMLP – Golar LNG Partners initiated with a Outperform at RBC Capital Mkts
THOR – Thoratec initiated with a Outperform at Oppenheimer
PLAB – Photronics target raised to $13 from $11 at Needham
Downgrades
SPLS – Staples downgraded to Hold from Buy at Citigroup
DKS – Dick’s Sporting Goods downgraded to Sell from Neutral at Sterne Agee
TSL – Trina Solar target lowered to $32 from $35 at Brean Murray
UAN – CVR Partners initiated with a Neutral at Goldman
HPQ – Hewlett-Packard downgraded to Neutral from Overweight at JP Morgan
CNQ – Canadian Natrl Res upgraded to Action List Buy at TD Newcrest
VZ – Senators push for public safety build, wireless broadband spectrum bill – Stifel Nicolaus
AFL – AFLAC 2012E EPS guidance a setback, but sales and derisking on track – FBR Capital Markets
KRC – Kilroy Realty downgraded to Outperform from Top Pick at RBC Capital Markets
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