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Intel Corporation (INTC)
upgraded to Outperform from Market Perform at FBR Capital – shares to $27 from $25.
upgraded to Overweight from Neutral at JP Morgan – target raised to $25 from $20.50.

Wynn Resorts, Limited (WYNN)
target raised to $148 from $141 at Deutsche Bank

Cree, Inc. (CREE) “3 downgrades”
downgraded to Neutral from Buy at Merriman
shares should be valued in the $34-$39 range.
wunderlick downgraded gree from 80 to 40
downgraded to Sell at Kaufman Bros; tgt lowered to $29

International Business Machines Corp. (IBM)
target raised to $190 from $175 at Citigroup



VMware, Inc. (VMW) “3 upgrades so farLong 97.01 from pre 7:30 am market –  2nd print of the day-strong last night”
ISI Group Reiterated BUY – Price Target: 115 (from 110)
FBR Capital Reiterated MKT PERFORM – Price Target:97 (from 83)

 price target raised to $105 from $90 at RW Baird

Yahoo! Inc. (YHOO)
price target raised to $22 from $20  at RBC Capital

Tim’s Comments are in BOLD & Italics


*DISCLOSURE: Long  VMW 97 pre market Short YHOO Pre Market Short INTC Pre Market

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