Upgrades:

Amazon (AMZN) upgraded to Buy from Neutral at B. Riley & Co., target $646

Walt Disney (DIS) upgraded from Hold to Buy at Topeka Capital Markets, target raised from $105 to $138

General Motors (GM) upgraded to Neutral from Underperform at Credit Suisse

Downgrades:

Other:

AT&T (T) reiterated at Mkt Perform at FBR Capital, target raised from $36 to $38

Amazon (AMZN) target raised:

to $700 from $500 at Nomura;

to $550 from $475 at Sun Trust Rbsn Humphrey;

to $650 from $460 at Citigroup;

to $650 from $520 at Piper Jaffray;

to $700 from $565 at Cowen;

to $650 from $550 at UBS;

to $700 from $480 at Credit Suisse;

to $650 from $500 at RBC Capital Mkts;

to $670 from $460 at Cantor Fitzgerald.

Visa (V) target raised:

to $82 from $79 at RBC Capital Mkts;

to $70 from $66 at Topeka Capital Markets;

to $80 from $70 at FBR Capital.

Starbucks (SBUX) reiterated at Outperform, target raised from $60 to $64 at RBC Capital Mkts

3M (MMM) target lowered to $148 from $150 at RBC Capital Mkts

Caterpillar (CAT) target lowered to $92 from $94 at Stifel