
Apple Inc. (NASDAQ: AAPL) was raised from a Long-Term Buy rating up to a Buy rating from a boutique wealth management firm called Hilliard Lyons, which is based in Louisville, Ky.
F5 Networks Inc. (NASDAQ: FFIV) was raised to Buy from Neutral at Nomura.
Federal-Mogul Corp. (NASDAQ: FDML) was raised to a still-cautious Neutral rating from a Sell rating at Goldman Sachs.
Intuit Inc. (NASDAQ: INTU) was downgraded to Neutral at Citigroup and downgraded to Neutral at J.P. Morgan after earnings; shares are down a sharp 12% or so after the report.
McGraw-Hill Companies Inc. (NYSE: MHP) was downgraded to Hold from Buy at Jefferies.
MetroPCS Communications Inc. (NYSE: PCS) was upgraded going into the reverse T-Mobile acquisition/merger to a new Overweight rating at J.P. Morgan.
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Procter & Gamble Co. (NYSE: PG) was raised to Buy from Neutral at SunTrust after the fresh post-earnings reaction took shares lower, and the price target was raised to $88 from $80.
Sprint Nextel Corp. (NYSE: S) was downgraded to Hold from Buy late on Wednesday by Capital IQ ahead of the new merger plan.
TC Pipelines (NYSE: TCP) was downgraded to Neutral from Buy at Bank of America/Merrill Lynch.
Yum! Brands Inc. (NYSE: YUM) was raised to Market Perform from Underperform at Raymond James.
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