Upgrades
- Lloyds Banking (LYG) upgraded by Exane BNP Paribas from Underperform to Outperform
- Research in Motion (RIMM) upgraded by ThinkEquity from Hold to Buy
- Hershey (HSY) upgraded by BofA/Merrill from Neutral to Buy
- Ultra Petroleum (UPL) upgraded by Canaccord from Hold to Buy
- Cobalt (CIE) upgraded by Goldman from Neutral to Buy
- Polycom (PLCM) upgraded by Citigroup from Neutral to Buy
- Fusion-io (FIO) upgraded by Sterne Agee from Underperform to Neutral
- EZCORP (EZPW) upgraded by Sterne Agee from Underperform to Neutral
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Downgrades
- AT&T (T) downgraded by Argus from Buy to Hold
- Kyocera (KYO) downgraded by JP Morgan from Overweight to Neutral
- JP Morgan (JPM) downgraded by Sterne Agee from Buy to Neutral
- Oracle (ORC) downgraded by CLSA from Buy to Underperform
- Oracle (ORC) downgraded by Canaccord from Buy to Hold
- TreeHouse Foods (THS) downgraded by BofA/Merrill from Neutral to Underperform
- Jefferies (JEF) downgraded by Keefe Bruyette from Outperform to Market Perform
- PennantPark (PNNT) downgraded by FBR Capital from Outperform to Market Perform
- Fifth Street Finance (FSC) downgraded by FBR Capital from Outperform to Market Perform
- Coventry Health (CVH) downgraded by Deutsche Bank from Hold to Sell
- Health Net (HNT) downgraded by Deutsche Bank from Hold to Sell
- Teradata (TDC) downgraded by Oppenheimer from Outperform to Perform
- F.N.B. Corp. (FNB) downgraded by FBR Capital from Outperform to Market Perform
- MCG Capital (MCGC) downgraded by FBR Capital from Outperform to Market Perform
- Ralcorp (RAH) downgraded by UBS from Buy to Neutral
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