Pre Market Movers
Ugrades and Downgrades
Upgrades
AstraZeneca (AZN) upgraded to Neutral from Underweight at JPMorgan
DaVita (DVA) upgraded to Buy from Hold at Deutsche Bank
GNC Holdings (GNC) upgraded to Buy from Hold at Deutsche Bank
Hanesbrands (HBI) upgraded to Overweight from Equal Weight at Barclays
Qualcomm (QCOM) upgraded to Strong Buy from Outperform at Raymond James
Ultra Petroleum (UPL) upgraded to Buy from Hold at Brean Capital
Downgrades
Apple (AAPL) downgraded to Buy from Conviction Buy at Goldman
CME Group (CME) downgraded to Neutral from Outperform at Credit Suisse
Celadon Group (CGI) downgraded to Hold from Buy at BB&T
Charles Schwab (SCHW) downgraded to Neutral from Outperform at Credit Suisse
EZCORP (EZPW) downgraded to Underperform from Market Perform at FBR Capital
Exxon Mobil (XOM) downgraded to Perform from Outperform at Oppenheimer
Goldman Sachs (GS) downgraded to Neutral from Buy at BofA/Merrill
Hewlett-Packard (HPQ) downgraded to Sell from Neutral at Goldman
Morgan Stanley (MS) downgraded to Neutral from Outperform at Credit Suisse
PVR Partners (PVR) downgraded to Equal Weight from Overweight at Barclays
Rackspace (RAX) downgraded to Market Perform from Outperform at Wells Fargo
SunTrust (STI) downgraded to Neutral from Outperform at Credit Suisse
Initiations
AOL (AOL) initiated with a Buy at UBS
Abercrombie & Fitch (ANF) initiated with an Underweight at Barclays
Activision Blizzard (ATVI) initiated with a Buy at UBS
Aeropostale (ARO) initiated with an Equal Weight at Barclays
Amazon.com (AMZN) initiated with a Neutral at UBS
American Eagle (AEO) initiated with an Overweight at Barclays
Buffalo Wild Wings (BWLD) initiated with a Neutral at Credit Suisse
Electronic Arts (EA) initiated with a Neutral at UBS
Expedia (EXPE) initiated with a Buy at UBS
Facebook (FB) initiated with a Neutral at UBS
Finish Line (FINL) initiated with an Equal Weight at Barclays
Fossil (FOSL) initiated with an Equal Weight at Barclays
Gap (GPS) initiated with an Overweight at Barclays
Google (GOOG) initiated with a Buy at UBS
Groupon (GRPN) initiated with a Sell at UBS
IAC (IACI) initiated with a Buy at UBS
Limited (LTD) initiated with an Overweight at Barclays
LinkedIn (LNKD) initiated with a Neutral at UBS
Maidenform (MFB) initiated with an Equal Weight at Barclays
TripAdvisor (TRIP) initiated with a Neutral at UBS
Under Armour (UA) initiated with an Overweight at Barclays
Urban Outfitters (URBN) initiated with an Overweight at Barclays
Yahoo (YHOO) initiated with a Buy at UBS
Yelp (YELP) initiated with a Buy at UBS
Zynga (ZNGA) initiated with a Neutral at UBS
eBay (EBAY) initiated with a Buy at UBS
priceline.com (PCLN) initiated with a Buy at UBS
