Upgrades
H – Hyatt Hotels upgraded to Add from Neutral at Citadel
MPC – Marathon Petroleum initiated with a Outperform at RBC Capital Mkts
DOX – Amdocs upgraded to Outperform at Wedbush
SUSQ – Susquehanna Bank upgraded to Buy at Jefferies
NKE – Nike upgraded to Buy from Hold at Capstone
AKS – AK Steel upgraded to Buy from Hold at Deutsche Bank
SNDA – Shanda Interactive upgraded to Hold from Sell at Deutsche Bank
GIB – CGI Group upgraded to Outperform at RBC Capital Mkts
VOC – VOC Energy Trust initiated with a Sector Perform at RBC Capital Mkts
X – U.S. Steel upgraded to Buy from Hold at Deutsche Bank
ANN – AnnTaylor initiated with a Buy at Sterne Agee
ARG – Airgas upgraded to Buy at KeyBanc Capital Mkts
LM – Legg Mason upgraded to Buy from Hold at Deutsche Bank
CMG – Chipotle Mexican Grill target raised to $350 at Argus on price increases
Downgrades
PVA – Penn Virginia target lowered to $18 from $22 at Stifel Nicolaus
SNX – Synnex target lowered to $40 at Brean Murray
SHAW – Shaw Group downgraded to Hold at Stifel Nicolaus
BJ – BJ’s Wholesale downgraded to Hold from Buy at Wall Street Strategies
RDC – Rowan Cos target lowered to $44 from $48 at RBC Capital Mkts
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