Upgrades:
NIKE (NKE) upgraded to Buy from Neutral at Sterne Agee CRT
3M (MMM) upgraded to Outperform from Neutral at Credit Suisse
Intel (INTC) upgraded to Mkt Perform from Mkt Underperform at JMP Securities
Downgrades:
Caterpillar (CAT) downgraded to Market Perform at William Blair
Other:
Caterpillar (CAT) target lowered to $70 from $84 at RBC Capital Mkts
Caterpillar (CAT) initiated with an Equal Weight at Barclays
Deer & Company (DE) initiated with an Underweight at Barclays
NIKE (NKE) target raised to $120 from $109 at FBR Capital
Coca-Cola (KO) reinstated with a Buy at Deutsche Bank
Freeport-McMoRan (FCX) target lowered to $14 from $16 at RBC Capital Mkts