
Advanced Micro Devices Inc. (NYSE: AMD) was downgraded to Underperform from Neutral at Credit Suisse and also downgraded to Underweight from Equal Weight at Morgan Stanley.
Archer Daniels Midland Co. (NYSE: ADM) was raised to Neutral from Underweight at J.P. Morgan.
Cablevision Systems Corp. (NYSE: CVC) was raised to Neutral from Underweight by J.P. Morgan.
ConocoPhillips (NYSE: COP) was reiterated as Buy but the target price was raised by $7 to $72 at Argus.
International Game Techology (NYSE: IGT) was downgraded to Underperform from Neutral by Credit Suisse as its core business remains challenged.
Kinder Morgan Energy Partners L.P. (NYSE: KMP) was maintained as Buy but its target was cut by $4 to $93 at Argus.
Microsoft Corp. (NASDAQ: MSFT) was maintained Neutral at Nomura but estimates were cut: FY 2013 EPS estimates from $2.75 to $2.59 and FY 2014 EPS from $3.02 to $2.75; maintained Outperform at Credit Suisse.
Netflix Inc. (NASDAQ: NFLX) was raised to Market Perform from Underperform by the boutique firm Northland Securities.
Seagate Technology PLC (NASDAQ: STX) and Western Digital Corp. (NASDAQ: WDC) were both upgraded to Neutral from Sell by Citigroup.
Secular Bull Market Call: Why the S&P 500 Index will rise more than 50% to 2,584.