Analyst Calls: BAC, CMA, DO, HOT, ORCL, RIG, RTN, SBUX, TLB, WYNN ...

Analyst Downgrades

• Rackspace (RAX) to neutral from buy at Goldman.
• Bank of America (BAC), BB&T (BBT) and Comerica (CMA) to market perform from outperform at Keefe Bruyette.
• Diamond Offshore (DO) to accumulate from buy at Global Hunter.
• Cumberland Pharma (CPIX) to neutral from buy at UBS.
• Qiagen (QGEN) to hold from buy at Jefferies.
• Raytheon (RTN), L-3 Communications (LLL), ATK (ATK), Comtech (CMTL), AeroVironment (AVAV) and Applied Signal (APSG) to market perform from outperform at FBR Capital.
• Transocean (RIG) to equal weight from overweight at Morgan Stanley.
• VeriSign (VRSN) to perform from outperform at Oppenheimer.
• Mako Surgical (MAKO) to sell from hold at BioLogic Equity.

Analyst Initiations

• Comerica (CMA) with an outperform rating at Wells Fargo.
• Starbucks (SBUX) and Darden (DRI) with a buy at Citigroup.
• Talbots (TLB) and RTI International (RTI) with a neutral at Goldman.
• Talbots (TLB) and New York & Co. (NWY) with an outperform, as well as Chico's FAS (CHS) and Ann Taylor (ANN) with a perform, at Oppenheimer.