Top Analyst Upgrades and Downgrades (ADT, AVAV, AL, ATK, CSCO, LLY, FSLR, GRPN, MMM, MRO, PANW, PCLN, QCOM, RYL, SPRD, SBUX, TUMI, DIS, ZLC)

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

ADT Corp. (NYSE: ADT) added to the U.S. Focus List at Credit Suisse.

AeroVironment Inc. (NASDAQ: AVAV) cut to Neutral at Goldman Sachs.

Air Lease Corp. (NYSE: AL) started as Outperform at Credit Suisse.

Alliant Techsystems Inc. (NYSE: ATK) raised to Buy at Goldman Sachs.

Cisco Systems Inc. (NASDAQ: CSCO) cut to Neutral at JPMorgan.

Eli Lilly & Co. (NYSE: LLY) reiterated Buy and raised target to $55 at Argus.

First Solar Inc. (NASDAQ: FSLR) reiterated Hold at Argus.

Groupon Inc. (NASDAQ: GRPN) cut to Equal Weight at Morgan Stanley.

3M Co. (NYSE: MMM) raised to Neutral at Nomura.

Marathon Oil Corp. (NYSE: MRO) raised to Overweight at JPMorgan.

Palo Alto Networks Inc. (NYSE: PANW) started as Neutral at BofA/ML.

Priceline.com Inc. (NASDAQ: PCLN) reiterated Buy on any weakness after the Kayak buyout at Credit Suisse.

Qualcomm Inc. (NASDAQ: QCOM) reiterated Buy with $80 target at Argus.

Ryland Group (NYSE: RYL) raised to Buy at KeyBanc.

Spreadtrum Communications Inc. (NASDAQ: SPRD) cut to Hold at Canaccord Genuity.

Starbucks Corp. (NASDAQ: SBUX) raised to Buy at Argus.

Tumi Holdings Inc. (NYSE: TUMI) started as Buy at Citigroup.

The Walt Disney Co. (NYSE: DIS) cut to Neutral at Janney.

Zale Corp. (NYSE: ZLC) started as Buy at Citigroup.

JON C. OGG