Upgrades:
DuPont (DD) upgraded to Buy from Neutral at Citigroup
Downgrades:
Other:
Apple (AAPL) assumed with a Buy at Goldman; target $163
Hewlett-Packard (HPQ) assumed with a Neutral at Goldman; target $30
Johnson & Johnson (JNJ) initiated with a Buy at UBS
NIKE (NKE) target raised to $128 at Telsey Advisory Group
Travelers (TRV) initiated with a Neutral at Sterne Agee CRT