Top Analyst Upgrades and Downgrades (ADP, BK, BWLD, EXPD, GPS, GE, GHDX, LIFE, MYGN, NKE, NOK, NTRS, P, PAYX, RHT, QCOR, SQNM, STT, TIVO, TOT, WAG)

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These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday.

Automatic Data Processing Inc. (NASDAQ: ADP) cut to Neutral at UBS.

Bank of New York Mellon Corp. (NYSE: BK) started as Buy at Citigroup.

Buffalo Wild Wings Inc. (NASDAQ: BWLD) raised to Outperform at RBC.

Expeditors International of Washington (NASDAQ: EXPD) named Bear of the Day at Zacks.

The Gap Inc. (NYSE: GPS) named Bull of the Day at Zacks.

General Electric Co. (NYSE: GE) reiterated Buy with $25 target at BofA/ML.

Genomic Health Inc. (NASDAQ: GHDX) started as Outperform at Credit Suisse.

Life Technologies Corp. (NASDAQ: LIFE) started as Outperform at William Blair.

Myriad Genetics Inc. (NASDAQ: MYGN) started as Neutral at Credit Suisse.

Nike Inc. (NYSE: NKE) reiterated Buy with $120 target at BofA/ML.

Nokia Corp. (NYSE: NOK) cut to Underperform at BMO.

Northern Trust Corp. (NASDAQ: NTRS) started as Neutral at Citigroup.

Pandora Media Inc. (NYSE: P) started as Reduce at Nomura.

Paychex Inc. (NASDAQ: PAYX) cut to Sell at Citigroup.

Red Hat Inc. (NYSE: RHT) reiterated Buy with $61 target at BofA/ML.

Questcor Pharmaceuticals Inc. (NASDAQ: QCOR) removed from Focus List but maintained Buy at BofA/ML.

Sequenom Inc. (NASDAQ: SQNM) started as Underperform at Credit Suisse.

State Street Corp. (NYSE: STT) started as Buy at Citigroup.

TiVo Inc. (NASDAQ: TIVO) raised to Buy at Lazard.

Total S.A. (NYSE: TOT) maintained Underperform at BofA/ML.

Walgreen Co. (NYSE: WAG) put on the Conviction Buy List with $43 target at Goldman Sachs.

JON C. OGG

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