Alcatel-Lucent S.A. (NYSE: ALU) was upgraded to Buy from Neutral at Nomura after yesterday’s earnings rally.
BioCryst Pharmaceuticals Inc. (NASDAQ: BCRX) was downgraded to Underperform from Neutral at BofA/Merrill Lynch.
Chemical & Mining Co. of Chile Inc. (NYSE: SQM) was downgraded to Neutral at both Credit Suisse and at Citigroup after getting hit hard yesterday.
Compass Minerals International Inc. (NYSE: CMP) was crushed with yesterday’s potash and fertilizer stocks. We have seen shares raised to Neutral at J.P. Morgan and raised to Market Perform at BMO Capital Markets after the moves.
General Growth Properties Inc. (NYSE: GGP) was upgraded to Sector Perform from Underperform at RBC Capital Markets.
NVIDIA Corp. (NASDAQ: NVDA) was downgraded to Market Perform from Outperform at Wells Fargo.
Riverbed Technology Inc. (NASDAQ: RVBD) was downgraded to Underperform from Sector Perform at RBC after yesterday’s post-earnings drop.
SanDisk Corp. (NASDAQ: SNDK) was downgraded to Underperform from Market Perform at BMO Capital Markets.
Sirius XM Radio Inc. (NASDAQ: SIRI) was started as Overweight with a $4.50 upside price target at Barclays.
Symantec Corp. (NASDAQ: SYMC) was upgraded to Outperform from Neutral at R.W. Baird.