Sears?(SHLD) surged 10.09% to top the entire?S&P 500 Index(^GSPC). Its Chicago tower was the world?s tallest back in the day, although one Windy City politician may say we ?didn?t build that.? President Obama, being a big fan of bullets both magic?and?silver, can enjoy this morning?s 20% surge in?Smith & Wesson?(SWHC). And the decision to?switch his speech from?Bank of America?(BAC) Stadium?promptly sent it skyrocketing 5.03% to best all?blue chips?(^DJI).
Today?s quarterly earnings announcements are expected to include Brady Corp. (BRC), Kroger (KR), and Lululemon Athletica (LULU).
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AstraZeneca?(AZN): Shares are upgraded to Equal-Weight from Underweight at Morgan Stanley.
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Boston Properties?(BXP): BSX is upgraded to Buy from Neutral at Citigroup.
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Cabela?s?(CAB): CAB is upgraded to Outperform from Neutral at Credit Suisse.
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Denbury Resources?(DNR): The stock is now Buy from Neutral at Sterne Agee.
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Equity Residential?(EQR): Shares are upgraded to Buy from Hold at Cantor Fitzgerald, whose target is $68.50. An attractive valuation is cited.
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European Financials:?Barclays?(BCS) is boosted by Deutsche Bank to Buy from Hold.
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Packaging Stocks:?Packaging Corp?(PKG) is now Neutral from Sell at Goldman Sachs, which raises?Rock-Tenn?(RKT) to Conviction Buy from Neutral.
Priceline.com?(PCLN): Shares are now Buy from Neutral at Nomura, whose target is $740.
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SunTrust Banks?(STI): STI is taken to Outperform from Market Perform at BMO Capital.
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Starwood Hotels?(HOT): Argus hoists HOT to Buy from Hold to reflect is aggressive growth strategy.
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Synacor?(SYNC): Bank of America-Merrill Lynch lifts the stock to Buy from Neutral.
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Zimmer?(ZMH): The medical device maker gets moved to Outperform from Market Perform by Sanford Bernstein.
(See also: Stock Downgrades: Jacobs Engineering Not Building Ladder to Stars and New Stock Coverage: Franklin Resources Is All About the Benjamins.)
No positions in stocks mentioned.
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