UPGRADES:
* Cooper Cos. (COO) to overweight: JPMorgan
* Jive Software (JIVE) to outperform: Robert Baird
* Steiner Leisure (STNR) to overweight: Stephens
DOWNGRADES:
* American Capital (AGNC) to neutral: Macquarie
* Cache (CACH) to neutral: Piper Jaffray
* Entergy (ETR) to underperform: BofA Merrill
* HSBC (HBC) to hold: Investec
* Lone Pine Resources (LPR) to market perform: Raymond James
* QR Energy (QRE) to market perform: Wells Fargo
* Thompson Creek (TC) to hold: BB&T Capital
* Vodafone (VOD) to neutral: BofA Merrill
* Westar Energy (WR) to neutral: BofA Merrill
INITIATIONS:
* Agrium (AGU) overweight: Barclays
* CF Industries (CF) overweight: Barclays
* Celanese (CE) to hold: Dahlman Rose
* CVS Caremark (CVS) buy: Cantor
* CVR Energy (CVI) equalweight: Barclays
* Francesca’s Holdings (FRAN) buy: Janney Capital
* Five Below (FIVE) buy: Deutsche Bank
* Invensense (INVN) overweight: Evercore
* Intrepid Potash (IPI) equalweight: Barclays
* Joy Global (JOY) buy: SunTrust Robinson
* Movado Group (MOV) buy: Capstone
* Mosaic (MOS) buy: Ameriprise Advisor
* Mosaic (MOS) overweight: Barclays
* Nokia (NOK) equalweight: Evercore
* Potash (POT) equalweight: Barclays
* Qualcomm (QCOM) overweight: Evercore
* Research in Motion (RIMM) equalweight: Evercore
* US Silica Holdings (SLCA) buy: BB&T Capital
* ViroPharma (VPHM) hold: WallachBeth Capital
* Walgreen (WAG) buy: Cantor