Upgrades:
Downgrades:
Microsoft (MSFT) downgraded to Neutral from Buy at Nomura, target lowered to $50 from $56
Microsoft (MSFT) downgraded to Neutral from Overweight at JP Morgan, target lowered to $47 from $53
Other:
Microsoft (MSFT) target lowered to $52 from $54 at Piper Jaffray; Overweight (47.01)
Honeywell (HON) target raised from $106 to $115 at Argus