Upgrades
KLIC – Kulicke & Soffa upgraded to Buy from Hold at Jefferies
ERIC – LM Ericsson upgraded to Neutral at WestLB
UNP – Union Pacific target raised to $115 from $111 at RBC Capital Mkts
DCIX – Diana Containerships initiated with a Buy at Dahlman Rose; tgt $9
PM – Philip Morris International target raised to $78 from $74 at Stifel Nicolaus
URBN – Urban Outfitters upgraded to Buy at Wall Street Strategies; tgt raised to $36
ABC – AmerisourceBergen upgraded to Strong Buy from Outperform at Raymond James
AON – Aon resumed with a Buy at Goldman
SIVB – SVB Financial Group target raised to $64 from $60 at RBC Capital Mkts
AMD – Advanced Micro upgraded to Market Perform from Underperform at Wells Fargo
Downgrades
MSFT – Microsoft downgraded to Market Perform from Outperform at William Blair
SPWRA – Sunpower and ReneSola (SOL) downgraded to Neutral from Buy at Lazard Capital Markets
CB – Chubb downgraded to Neutral from Buy at Goldman
COH – Coach downgraded to Neutral from Outperform at Cowen
LPNT – Lifepoint Hospitals initiated with a Hold at Auriga
DO – Diamond Offshore target lowered to $80 from $84 at RBC Capital Mkts
TXN – Texas Instruments downgraded to Underperform from Neutral at Exane BNP Paribas
MHS – Medco Health Solutions downgraded to Market Perform from Outperform at BMO Capital
PEP – PepsiCo target lowered to $75 at Stifel Nicolaus
BMI – Badger Meter downgraded to Underweight from Neutral at Piper Jaffray
DSX – Diana Shipping downgraded to Underperform from Market Perform at Wells Fargo
SWFT – Swift Transportation target lowered to $17 from $19 at RBC Capital Mkts
GNK – Genco Shipping downgraded to Underperform from Market Perform at Wells Fargo
SFN – SFN Group downgraded to Hold from Buy at Deutsche Bank
TCB – TCF Financial target lowered to $16 from $18 at RBC Capital Mkts
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