Upgrades:
Microsoft (MSFT) upgraded to Neutral from Sell at Citigroup; target $65
Intel (INTC) upgraded to Equal-Weight from Underweight at Morgan Stanley
Caterpillar (CAT) upgraded to Outperform from Market Perform at Wells Fargo
Ford Motor (F) upgraded to Outperform at RBC Capital Mkts; target raised to $14
Downgrades:
Other:
Microsoft (MSFT) target raised to $71 from $69 at BMO Capital Markets
Microsoft (MSFT) target raised to $71 from $65 at RBC Capital Mkts
Microsoft (MSFT) target raised to $68 from $66 at Stifel
Intel (INTC) target raised to $43 from $42 at Needham
Caterpillar (CAT) target raised to $85 at RBC Capital Mkts