Upgrades
SGI – Silicon Graphics: Addressing concerns highlighting catalysts – Wunderlich
KFT – Kraft Foods initiated with a Buy at Jefferies
ARBA – Aruba Networks upgraded to Buy from Neutral at UBS
PETD – PDC Energy upgraded to Overweight at JPMorgan
VOC – VOC Energy Trust initiated with a Mkt Perform at Morgan Keegan
NOG – Northern Oil & Gas initiated with a Mkt Outperform at Rodman & Renshaw
SOL – ReneSola downgraded to Neutral from Outperform at Macquarie
HLH – Herbalife target raised to $63 at Argus
BRY – Berry Petroleum initiated with a Buy at Stifel Nicolaus
FIG – Fortress Investment upgraded to Outperform from Neutral at Credit Suisse
SWFT – Swift Transportation upgraded to Overweight from Neutral at JP Morgan
TTMI – TTM Tech upgraded to Buy from Neutral at UBS
COH – Coach initiated with a Buy at Weeden
MKC – McCormick initiated with a Buy at Jefferies
GD – General Dynamics initiated with a Buy at Lazard
P – Pandora Media initiated with a Buy at Maxim Group
BID – Sotheby’s: Raising estimates to reflect solid auction momentum – Wedbush
Downgrades
K – Kellogg initiated with an Underperform at Jefferies
SMG – Scotts Miracle-Gro target lowered to $50 from $61 at RBC Capital Mkt
MYGN – Myriad Genetics downgraded to Hold from Buy at Auriga
THS – TreeHouse Foods initiated with a Hold at Jefferies
EW – Edwards Lifesciences initiated with a Hold at Brean Murray
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