Analyst Calls: BRCD, CREE, DUK, HRL, MOLX, RTN, SPWRA, VCLK, WTW ...

Analyst Upgrades

Air Products (APD) to buy from hold at Deutsche Bank.
Zimmer (ZMH) to outperform from neutral at RW Baird.
SunPower (SPWRA) to buy from hold at Jefferies.
Brocade (BRCD) to buy from hold at Wunderlich and at ThinkEquity.
Duke Energy (DUK) to neutral from underperform at BofA/Merrill.
NewStar Financial (NEWS) to outperform from market perform at Keefe Bruyette.
Hormel Foods (HRL) to hold from sell at Soleil.
Inspire Pharma (ISPH) to hold from sell at Duncan-Williams.
Alnylam (ALNY) to buy from neutral at Roth Capital.
Weight Watchers (WTW) to equal weight from underweight at Morgan Stanley.
Raytheon (RTN) and Toreador Resources (TRGL) to outperform from sector perform at RBC Capital.

Analyst Downgrades

Acorda Therapeutics (ACOR) to underweight from neutral at Piper Jaffray.
Valueclick (VCLK) to hold from buy at Benchmark Co.
West Pharmaceutical (WST) to hold from buy at Jefferies.
Maxwell Tech (MXWL), TCF Financial (TCB) and Cabela's (CAB) to hold from buy at Stifel Nicolaus.
Sun Life (SLF) to underweight from equal weight at Morgan Stanley.

Analyst Initiations

Cree (CREE) and Power-One (PWER) with buy ratings at Jefferies.
Aixtron (AIXG) with a sell at Citigroup.
Molex (MOLX) and Amphenol (APH) as buys, as well as Tyco Electronics (TEL) with a hold, at Deutsche Bank.

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