UPGRADES:
* Altria (MO) to buy: Citi
* AutoNation (AN) to buy: BofA Merrill
* Conagra (CAG) to buy: UBS
* Expedia (EXPE) to buy: Deutsche Bank
* Everbank Financial (EVER) to outperform: Macquarie
* International Paper (IP) to buy: Deutsche Bank
* Invensense (INVN) to outperform: Oppenheimer
* Kapstone (KS) to buy: Deutsche Bank
* MasterCard (MA) to buy: Citigroup
* Molina Healthcare (MOH) to positive: Susquehanna
* Novo Nordisk (NVO) to buy: UBS
* Omnivision (OVTI) to outperform: Oppenheimer
* Packaging Corp. (PKG) to buy: Deutsche Bank
* Pearson (PSO) to outperform: Exane
* Rock-Tenn (RKT) to buy: Deutsche Bank
* Time Warner Cable (TWC) to overweight: Evercore Partners
* Wet Seal (WTSLA) to buy: Roth Capital
* Zions (ZION) to neutral: Sterne Agee
DOWNGRADES:
* Cooper Tire (CTB) to hold: KeyBanc
* Celanese (CE) to market perform: Wells Fargo
* E*Trade Financial (ETFC) to underweight: Evercore Partners
* Goodyear Tire (GT) to hold: KeyBanc
* IHS Inc. (IHS) to neutral: Robert Baird
* Inteliquent (IQNT) to underperform: Raymond James
* LG Display (LPL) to neutral: UBS
* MakeMyTrip (MMYT) to hold: Deutsche Bank
* New York Community (NYB) to neutral: Macquarie
* Peabody Energy (BTU) to hold: Brean Murray
* Responsys (MKTG) to equalweight: Morgan Stanley
* Schwab (SCHW) to underweight: Evercore Partners
* Walter Energy to hold: Brean Murray
INITIATIONS:
* Ancestry.com (ACOM) buy: Cantor Fitzgerald
* Amazon.com (AMZN) buy: Cantor Fitzgerald
* Amazon.com (AMZN) buy: Deutsche Bank
* Automatic Data Processing (ADP) outperform: BMO Capital
* American Capital Mortgage (MTGE) outperform: Keefe Bruyette
* AOL (AOL) buy: Deutsche Bank
* Angie’s List (ANGI) hold: Deutsche Bank
* Burger King Worldwide (BKW) neutral: UBS
* Blue Nile (NILE) buy: Deutsche Bank
* CafePress (PRSS) buy: Cantor Fitzgerald
* Chipotle Mexican (CMG) market perform: Wells Fargo
* Ceco Environmental (CECE) market outperform: JMP Securities
* Dice Holdings (DHX) hold: Cantor Fitzgerald
* Demand Media (DMD) hold: Deutsche Bank
* Esterline Technologies (ESL) neutral: BofA Merrill
* eBay (EBAY) hold: Deutsche Bank
* eBay (EBAY) hold: Cantor Fitzgerald
* Expedia (EXPE) buy: Cantor Fitzgerald
* EMC Corp. (EMC) buy: Jefferies
* Express (EXPR) outperform: BlueFin Research
* Finisar (FNSR) buy: Janney Capital
* First Business (FBIZ) outperform: Raymond James
* Facebook (FB) hold: Deutsche Bank
* Facebook (FB) buy: Cantor Fitzgerald
* Google (GOOG) buy: Cantor Fitzgerald
* Golar LNG (GLNG) buy: Jefferies
* Gaslog (GLOG) buy: Jefferies
* IBM (IBM) hold: Jefferies
* IAC/Interactive (IACI) buy: Deutsche Bank
* LinkedIn (LNKD) hold: Cantor Fitzgerald
* Liquidity Services (LQDT) buy: Deutsche Bank
* Moody’s (MCO) outperform: Raymond James
* McGraw-Hill (MHP) outperform: Raymond James
* Melco Crown (MPEL) buy: Topeka
* MercadoLibre (MELI) hold: Deutsche Bank
* Netflix (NFLX) buy: Cantor Fitzgerald
* Nordstrom (JWN) outperform: William Blair
* Netgear (NTGR) neutral: Sterne Agee
* NetApp (NTAP) hold: Jefferies
* NuVasive (NUVA) buy: Brean Murray
* Orbitz (OWW) hold: Cantor Fitzgerald
* Priceline (PCLN) buy: Cantor Fitzgerald
* Priceline (PCLN) buy: Deutsche Bank
* Paychex (PAYX) market perform: BMO Capital
* Panera Bread (PNRA) market perform: Wells Fargo
* Polaris (PII) equalweight: Stephens
* Radware (RDWR) buy: Needham
* Shutterfly (SFLY) hold: Cantor Fitzgerald
* Smith & Nephew (SNN) hold: Brean Murray
* Stryker (SYK) hold: Brean Murray
* Schwab (SCHW) neutral: Sterne Agee
* TD Ameritrade (AMTD) buy: Sterne Agee
* TripAdvisor (TRIP) hold: Deutsche Bank
* ValueClick (VCLK) buy: Cantor Fitzgerald
* VistaPrint (VPRT) buy: Cantor Fitzgerald
* Vical (VICL) buy: Canaccord Genuity
* Velti (VELT) hold: Deutsche Bank
* Wright Medical (WMGI) buy: Brean Murray
* Yelp (YELP) hold: Cantor Fitzgerald
* Yahoo (YHOO) hold: Cantor Fitzgerald
* Zimmer Holdings (ZMH) buy: Brean Murray