Upgrades and Downgrades This Morning

Source

Abercrombie & Fitch Company (NYSE: ANF) Reiterated Buy with $70 target at Jefferies.
AES Corporation (NYSE: AES) Started as Buy at UBS.
Alcatel-Lucent S.A. (NYSE: ALU) Cut to Sell at Soc-Gen.
Anheuser-Busch InBev (NYSE: BUD) Started as Neutral at Credit Suisse.
Baker Hughes Inc. (NYSE: BHI) Cut to Neutral at Goldman Sachs.
E.I. du Pont de Nemours and Company (NYSE: DD) Started as Equal-weight at Morgan Stanley.
Estee Lauder Companies, Inc. (NYSE: EL) Cut to Neutral at Citigroup.
MannKind Corporation (NASDAQ: MNKD) Started as Overweight at Piper Jaffray.
Micron Technologies Inc. (NASDAQ: MU) Reiterated Outperform with $12.00 target at Credit Suisse.
Monster Worldwide, Inc. (NYSE: MWW) Cut to Sell at Citigroup.
Noble Corporation (NYSE: NE) Raised to Buy at Goldman Sachs.
NVIDIA Corporation (NASDAQ: NVDA) Raised to Outperform at FBR.
Sears Holding Corporation (NASDAQ: SHLD) Maintained Underperform as Bear of the Day at Zacks.
Tractor Supply Co. (NASDAQ: TSCO) Maintained Outperform as Bull of the Day at Zacks.
U.S. Steel Corporation (NYSE: X) Cut to Hold at KeyBanc.
Visa Inc. (NYSE: V) Reiterated Buy and raised target to $130 at Argus.