Top Analyst Upgrades and Downgrades (APA, BAC, BRK-A, CLF, CSTR, CREE, CY, FITB, GILD, GFI, HAL, HIG, HBC, PHG, PVH, STI, UBS, VECO, WFC)

Apache Corp. (NYSE: APA) cut to Neutral at Macquarie.

Bank of America Corp. (NYSE: BAC) raised to Outperform at KBW.

Berkshire Hathaway Inc. (NYSE: BRK-A) cut to Market Perform at KBW.

Cliffs Natural Resources Inc. (NYSE: CLF) raised to Overweight at J.P. Morgan.

Coinstar Inc. (NASDAQ: CSTR) cut to Underweight at J.P. Morgan.

Cree Inc. (NASDAQ: CREE) cut to Perform at Oppenheimer.

Cypress Semiconductor Corp. (NASDAQ: CY) raised to Buy at Needham.

Fifth Third Bancorp (NASDAQ: FITB) cut to Market Perform at KBW.

Gilead Sciences Inc. (NASDAQ: GILD) raised to Outperform at Credit Suisse.

Gold Fields Inc. (NYSE: GFI) cut to Sell at Citigroup.

Halliburton Co. (NYSE: HAL) raised to Overweight at J.P. Morgan.

Hartford Financial Services Group Inc. (NYSE: HIG) raised to Outperform at KBW.

HSBC Holdings PLC (NYSE: HBC) cut to Equal Weight at Morgan Stanley.

Koninklijke Philips Electronics N.V. (NYSE: PHG) cut to Hold at Soc-Gen.

PVH Corp. (NYSE: PVH) started as Outperform Credit Suisse.

SunTrust Banks Inc. (NYSE: STI) cut to Market Perform at KBW.

UBS A.G. (NYSE: UBS) cut to Neutral at Credit Suisse.

Veeco Instruments Inc. (NASDAQ: VECO) cut to Neutral at J.P. Morgan.

Wells Fargo & Co. (NYSE: WFC) raised to Outperform at KBW.