Agrium (AGU), EMC (EMC), NetApp (NTAP), VMware (VMW), Tibco (TIBX), DTE Energy (DTE), KB Home (KBH), Applied Micro Circuits (AMCC) were upgraded or downgraded by analysts.
EMC (EMC) initiated with a Buy at Ticonderoga.Ticonderoga said EMC is prime beneficiary of increased digital volumes and the need for storage. Target $27.
NetApp (NTAP) initiated with a Neutral at Ticonderoga.
VMware (VMW) initiated with a Neutral at Ticonderoga.Ticonderoga initiated VMware with a Neutral given valuation and 2012 macroeconomic concerns.
Tibco (TIBX) upgraded to Buy from Neutral at Mizuho.
DTE Energy (DTE) initiated with a Neutral at Macquarie Target $57.
KB Home (KBH) downgraded to Hold from Buy at Stifel Nicolaus.Stifel downgraded KB Home citing high leverage and lack of an imminent turn in housing.
Applied Micro Circuits (AMCC) initiated with an Outperform at BMO Capital Target $11.
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