Analyst Upgrades

• Jefferies upgraded Netflix (NFLX) to buy from hold and has a $65 target, citing stronger than expected momentum following the Q4 report and guidance. Merriman upgraded Netflix to buy from neutral following the company's better-than-expected Q4 results as it sees upside in shares to the $66 to $75 range. Shares were also upgraded to buy from underperform at BofA/Merrill.
• Citigroup upgraded Rockwell Automation (ROK) to hold from sell following the company's better-than-expected Q1 results and raised FY10 guidance. Citi raised its target on shares to $52 from $35.
• Deutsche Bank upgraded Textainer (TGH) to buy from hold to reflect improved container fundamentals and potential fleet growth. The firm keeps a $19 price target on shares.
• STMicroelectronics (STM) was upgraded to neutral from underweight at Piper Jaffray.
• Caterpillar (CAT) was upgraded to neutral from sell at UBS.
• Apache (APA) was upgraded to outperform from market perform at Wells Fargo.

Analyst upgrades:

• Citigroup upgraded Polaris Industries (NYSE: PII) to Buy from Hold after channel checks indicated the company's sales trends improved through September. The firm raised its target on shares to $49 from $33.
• Jefferies upgraded Citrix Systems (NASDAQ: CTXS) to Hold from Underperform after channel checks indicated IT spending will be strong in the second half of 2009, but the firm finds the stock fully valued at current levels. Jefferies raised its target on shares to $40 from $32.
• Pali Captital upgraded Abercrombie & Fitch (NYSE: ANF) to Buy from Neutral on valuation and expectations that lower pricing and international growth will be catalysts going forward. The firm set a $45 price target on shares.
• Plum Creek Timber (NYSE: PCL) was upgraded to Neutral from Underweight at JPMorgan.
• Advanced Micro (NYSE: AMD) was upgraded to Buy from Neutral at UBS.
• PPD Inc. (NASDAQ: PPDI) was upgraded to Outperform from Neutral at Baird.

Wall Street's equity market kicks into fifth gear this week with 8 IPOs and 6 Secondaries on the docket.

Those deals tentatively scheduled to price include:

IPOs:

Possible

• SP Acquisition (DSP), a 36M-share IPO for this business financing company. UBS Investment and Ladenburg Thalmann are the lead managers. Filing pricing: $10.00.

Midweek

• Mediatech Investment (MDTC), a 10M-share IPO for this business financing company. UBS Investment and JMP Securities are the lead managers. Filing range: $14.00-$16.00.