Upgrades
CVN – Chevron upgraded to Strong Buy from Outperform at Raymond James
APC – Anadarko Petro upgraded to Buy at Ticonderoga
INTU – Intuit upgraded to Overweight from Equal Weight at First Analysis
SINA – SINA assumed with a Buy at Brean Murray
BKE – Buckle upgraded to Buy from Neutral at Sterne Agee
RIMM – Research In Motion upgraded to Hold from Underperform at Jefferies
DELL – Dell upgraded to Buy at Needham
CERN – Cerner upgraded to Outperform from Neutral at Cowen
PDS – Precision Drilling initiated with a Market Outperform at Howard Weil
VECO – Veeco Instruments initiated with a Buy at Ticonderoga
VRSK – Verisk Analytics upgraded to Outperform from Market Perform at Keefe Bruyette
CMG – Chipotle Mexican Grill upgraded to Outperform at Morgan Keegan
CECO – Career Education initiated with a Buy at Wunderlich
Downgrades
CREE – Cree downgraded to Market Perform from Outperform at JMP Securities
HLS – Healthsouth initiated with a Buy at Mizuho
UBSI – United Banksh initiated with a Hold at BB&T
WYN – FBR Capital downgrades the lodging sector to Market Perform
DV – DeVry initiated with a Hold at Wunderlich
BBT – BB&T Corp initiated with a Hold at Citigroup
LDK – LDK Solar downgraded to Hold from Buy at ThinkEquity
SCHW – Charles Schwab downgraded to Neutral from Outperform at Macquarie
HPQ – Hewlett-Packard downgraded to Sell from Hold at Deutsche Bank
STRA – Strayer Education initiated with a Hold at Wunderlich
LULU – lululemon athletica downgraded to Underweight from Hold at KeyBanc
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