Priceline.com (PCLN) coverage resumed with a Buy at Goldman Target $610.
Royal (AHONY) Ahold upgraded to Buy from Hold at ING Group.
Adtran (ADTN) downgraded to Hold from Buy at Jefferies.Jefferies downgraded Adtran citing risks from the NSN Broadband Access assets acquisition. The firm lowered its price target for shares to $29.75 from $36.
Vertex Pharma (VRTX) upgraded to Outperform from Underperform at Credit Suisse.Credit Suisse upgraded Vertex based on valuation, lowered HCV franchise expectations, and 2012 pipeline catalysts. Price target lowered to $37 from $39.
Acme Packet (APKT) upgraded to Outperform from Market Perform at Morgan Keegan. Morgan Keegan upgraded Acme Packet citing its sales opportunities of new applications. Price target raised to $45 from $44.
Solta Medical (SLTM) initiated with a Market Perform at Morgan Keegan Target $3.50.
Callon Petroleum (CPE) initiated with a Buy at Canaccord Target $7.50.
Avon Products (AVP) upgraded to Outperform from Market Perform at BMO Capital. BMO Capital upgraded Avon citing news the company will conduct an external search for a new CEO. Price target raised to $25 from $21.
Synovis Life (SYNO) downgraded to Neutral from Buy at Roth Capital.Roth Capital downgraded Synovis Life citing the acquisition by Baxter.
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