Upgrades:
Hewlett-Packard (HPQ) upgraded to Overweight from Equal Weight at Morgan Stanley
Verizon (VZ) upgraded to Overweight from Neutral to Buy at Citigroup Upgrade
United Tech (UTX) upgraded to Overweight from Neutral to Buy at Citigroup
Other:
United Tech (UTX) reiterated at Mkt Perform at FBR Capital, tgt raised from $88 to $95