UPGRADES:
* AstraZeneca (AZN) to equalweight: Morgan Stanley
* Boston Properties (BXP) to buy: Citigroup
* Barclays (BCS) to buy: Deutsche Bank
* Cabela’s (CAB) to outperform: Credit Suisse
* Charm Communications (CHRM) to outperform: Credit Suisse
* Denbury Resources (DNR) to buy: Sterne Agee
* Equity Residential (EQR) to buy: Cantor Fitzgerald
* Priceline (PCLN) to buy: Nomura
* Paterson-UTI (PTEN) to outperform: BMO capital
* Rock-Tenn (RKT) to conviction buy: Goldman Sachs
* SunTrust Banks (STI) to outperform: BMO Capital
* Sunoco (SUN) to neutral: Citigroup
* Synacor (SYNC) to buy: BofA Merrill
* Zimmer Holdings (ZMH) to outperform: Bernstein
DOWNGRADES:
* Audience (ADNC) to underperform: Credit Suisse
* Audience (ADNC) to sector perform: Pacific Crest
* Audience (ADNC) to neutral: JPMorgan
* Audience (ADNC) to sell: Deutsche Bank
* Adtran (ADTN) to underperform: Jefferies
* Apollo Group (APOL) to sell: Deutsche Bank
* Allied Nevada (ANV) to underperform: Macquarie
* Big 5 Sporting (BGFV) to underperform: Credit Suisse
* Digital Domain (DDMG) to neutral: Roth Capital
* DCT Industrial (DCT) to hold: ISI Group
* First Horizon (FHN) to neutral: Guggenheim Securities
* Gartner (IT) to neutral: Lazard Capital
* Horizon Technology (HRZN) to market perform: Wells Fargo
* Jacobs Engineering (JEC) to neutral: Lazard Capital
* MetroPCS (PCS) to neutral: Macquarie
* Met-Pro (MPR) to hold: Brean Murray
* Nvidia (NVDA) to hold: Cantor Fitzgerald
* Seattle Genetics (SGEN) to perform: Oppenheimer
* Tortoise MLP (NTG) to neutral: BofA Merrill
* Teco Energy (TE) to sell: UBS
* Teck Resources (TCK) to hold: Dahlman Rose
* UTI Worldwide (UTIW) to hold: BB&T Capital
* Williams-Sonoma (WSM) to hold: BB&T Capital
* Wolverine World Wide (WWW) to neutral: Susquehanna
* Weyerhaeuser (WY) to neutral: Goldman Sachs
INITIATIONS:
* Alleghany (Y) market perform: JMP Securities
* Colony Financial (CLNY) buy: Stifel Nicolaus
* Cisco (CSCO) equalweight: Evercore Partners
* CSX Corp. (CSX) market perform: FBR Capital
* Chemtura (CHMT) buy: Lazard Capital
* Computer Programs and Systems (CPSI) buy: ThinkEquity
* CareFusion (CFN) buy: ThinkEquity
* Cinemark Holdings (CNK) outperform: Credit Suisse
* DSW Inc. (DSW) neutral: Credit Suisse
* Endologix (ELGX) outperform: BMO Capital
* Ellie Mae (ELLI) buy: Dougherty & Co.
* Entertainment Properties (EPR) hold: Stifel Nicolaus
* Foot Locker (FL) outperform: Credit Suisse
* Finish Line (FINL) neutral: Credit Suisse
* Genesis Energy (GEL) buy: Global Hunter
* Green Mountain Coffee (GMCR) buy: Lazard Capital
* Henry Schein (HSIC) hold: WallachBeth Capital
* Huntington Bancsares (HBAN) neutral: Guggenheim Securities
* Juniper Networks (JNPR) equalweight: Evercore Partners
* KeyCorp (KEY) buy: Guggenheim Securities
* Kansas City Southern (KSU) outperform: FBR Capital
* LivePerson (LPSN) buy: ThinkEquity
* M/A-Com (MTSI) buy: Goldman Sachs
* Midway Gold (MDW) outperform: RBC Capital
* Molina Healthcare (MOH) market perform: Raymond James
* Metals USA (MUSA) buy: Deutsche Bank
* Medidata Solutions (MDSO) buy: ThinkEquity
* Norfolk Southern (NSC) market perform: FBR Capital
* Omnicell (OMCL) buy: ThinkEquity
* Performant Financial (PFMT) neutral: SunTrust Robinson
* Regal Entertainment (RGC) neutral: Credit Suisse
* SolarWinds (SWI) market perform: BMO Capital
* Strayer Education (STRA) sell: Deutsche Bank
* Union Pacific (UNP) outperform: FBR Capital