Top Analyst Upgrades & Downgrades (ADBE, ARG, APD, AAPL, ARMH, CA, DRIV, DPZ, GES, HOG, KMI, LGF, OVTI, UPS, UTX)

Adobe Systems Inc. (NASDAQ: ADBE) Raised to Sector Perform at RBC.

Airgas Inc. (NYSE: ARG) Started as Overweight at Morgan Stanley.

Air Products and Chemicals, Inc (NYSE: APD) Started as Underweight at Morgan Stanley.

Apple Inc. (NASDAQ: AAPL) Reiterated at Buy and raised target to $740 at Stern Agee; Reiterated Buy and raised target to $700 at Credit Suisse.

ARM Holdings PLC (NASDAQ: ARMH) Raised to Overweight at Barclays.

CA Inc. (NASDAQ: CA) Cut to Sector Perform at RBC.

Digital River Inc. (NASDAQ: DRIV) Cut to Sector Perform at RBC.

Domino’s Pizza Inc. (NYSE: DPZ) Cut to Underperform at BofA/ML.

Guess? Inc. (NYSE: GES) named as Bear of the Day at Zacks.

Harley-Davidson, Inc. (NYSE: HOG) Raised to Outperform at BMO.

Kinder Morgan Inc. (NYSE: KMI) Cut to Underperform at BofA/ML.

Lions Gate Entertainment Corporation (NYSE: LGF) Started as Overweight at JPMorgan; Hunger Games looks larger than Twilight.

OmniVision Technologies, Inc. (NASDAQ: OVTI) Raised to Buy at Needham.

United Parcel Service (NYSE: UPS) Cut to Hold at Stifel Nicolaus.

United Technologies Corporation (NYSE: UTX) Reiterated near-term Hold and long-term Buy.

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JON C. OGG