• Starbucks (SBUX) upgraded by CLSA from Underperform to Outperform
  • Logitech (LOGI) upgraded by Citigroup from Sell to Neutral
  • J.C. Penney (JCP) upgraded by Piper Jaffray from Neutral to Overweight
  • Ryanair (RYAAR) upgraded by Societe Generale from Hold to Buy
  • Ericsson (ERIC) upgraded by RBS from Hold to Buy
  • First Niagara (FNFG) upgraded by Raymond James from Underperform to Market Perform
  • U.S. Bancorp (USB) upgraded by Atlantic Equities from Underweight to Neutral
  • Celestica (CLS) upgraded by Scotia Capital from Sector Perform to Outperform
  • QLogic (QLGC) upgraded by ThinkEquity from Hold to Buy
  • Teradyne (TER) upgraded by Craig-Hallum from Hold to Buy



  • McDonald’s (MCD) downgraded by Bernstein from Outperform to Market Perform
  • Allstate (ALL) downgraded by Atlantic Equities from Neutral to Underweight
  • Wendy’s (WEN) downgraded by UBS from Buy to Neutral
  • Siemens (SI) downgraded by Argus from Buy to Hold
  • Boyd Gaming (BYD) downgraded by Sterne Agee from Neutral to Underperform
  • J.C. Penney (JCP) downgraded by BMO Capital from Market Perform to Underperform
  • Travelzoo (TZOO) downgraded by Benchmark Co. from Buy to Hold
  • Morgan Stanley (MS) downgraded by Atlantic Equities from Neutral to Underweight
  • Exelon (EXC) downgraded by UBS from Buy to Neutral
  • Hartford Financial (HIG) downgraded by JP Morgan from Overweight to Neutral
  • Westlake Chemical (WLK) downgraded by UBS from Neutral to Sell
  • Juniper (JNP) downgraded by Morgan Keegan from Outperform to Market Perform
  • Riverbed (RVBD) downgraded by FBN Securities from Outperform to Sector Perform

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