Upgrades
MTG – MGIC Investment initiated with a Positive at Susquehanna
APA – Apache upgraded to Strong Buy from Outperform at Raymond James
CPO – Corn Products upgraded to Buy from Hold at Deutsche Bank
KEY – KeyCorp upgraded to Buy at Compass Point
XLNX – Xilinx upgraded to Neutral from Sell at Goldman
BEAV – BE Aerospace added to Conviction Buy List at Goldman
PRXL – PAREXEL downgraded to Market Perform from Outperform at Raymond James
EXPE – Expedia target raised to $33 from $29 at Citigroup
UTHR – United Therapeutics downgraded to Neutral from Add at Citadel
FTNT – Fortinet target raised to $27 at Wedbush on continued share gains
AEZS – Aeterna Zentaris initiated with a Outperform at Oppenheimer
JNPR – Juniper Networks upgraded to Overweight from Equal Weight at Evercore Partners
AAPL – Apple’s halo shines brighter with iCloud – Oppenheimer
QDEL – Quidel: Hearing upgraded at William Blair
SYMC – Symantec upgraded to Outperform from Neutral at Cowen
TQNT – TriQuint Semi initiated with Buy at Cantor Fitzgerald
PFCB – PF Chang’s upgraded to Neutral from Underperform at Credit Suisse
Downgrades
S – Sprint Nextel downgraded to Sell at Stifel Nicolaus
OPEN – OpenTable: Spotlight trends slowing, competitive outlook increasing, awaiting new product – Benchmark
CA – CA Tech downgraded to Neutral from Outperform at Cowen
NARA – Nara Bancorp downgraded to Market Perform from Strong Buy at Raymond James
FTR – Frontier Communications downgraded to Underperform from Neutral at Macquarie
CTXS – Citrix Systems downgraded to Underweight from Neutral at JP Morgan
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