Amazon.com (AMZN), eBay (EBAY), EMC (EMC), ProLogis (PLD, Vishay (VSH) and BP (BP) were upgraded or downgraded by analysts.
Amazon.com (AMZN) initiated with a Buy at CLSA.Target $230.
eBay (EBAY) initiated with a Buy at CLSA.Target $40
EMC (EMC) upgraded to Overweight from Neutral at JP Morgan.JP Morgan upgraded EMC and added it to its Analyst Focus List. The firm believes EMC can continue its share gains in enterprise storage and take advantage of the ongoing industry shift to mid-range solutions. The firm raised its price target to $28 from $26.
ProLogis (PLD upgraded to Overweight from Neutral at JP Morgan.Price target remains $32.
BP (BP) upgraded to Buy from Hold at Jefferies.Jefferies expects the Macondo legal process that starts in February to provide incentive for the major parties to settle out of court.
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