Notable Analyst Rating Changes 01/14: (HPQ) (FB) (CSCO) Upgraded; (NOK) (S) (WFC) Downgraded

UPGRADES
JPMorgan upgrades Hewlett-Packard (NYSE: HPQ) from Underweight to Neutral, moving its price target from $15 up to $21.

Deutsche Bank raises Facebook (Nasdaq: FB) from Hold to Buy, adjusting its price target from $24 up to $40. Click Here for more color.

Cisco (Nasdaq: CSCO) lifted at two firms today:

• Baird to Outperform, raising its target by $4 to $25;
  
  
• William Blair) from Market Perform to Outperform.

Infosys Technologies (Nasdaq: INFY) also downgraded by two today:

• JPMorgan from Neutral to Overweight; and
  
  
• UBS from Neutral to Buy.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Barclays downgrades Nokia (NYSE: NOK) from Equalweight to Underweight, moving its price target from €2.15 up to €2.50.

JPMorgan lowers Sprint (NYSE: S) from Overweight to Neutral with a price target of $6.

Oppenheimer reduces Wells Fargo (NYSE: WFC) from Outperform to Perform.

KBR, Inc. (NYSE: KBR) lowered by two today:

• Johnson Rice from Overweight to Equalweight; and
  
  
• Tudor Pickering from Buy to Accumulate.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Barclays reinstates Williams Companies (NYSE: WMB) at Overweight.

Stifel Nicolaus initiates Headwaters (NYSE: HW) with a Buy and $11 price target.

Monness, Crespi, Hardt starts LeapFrog (NYSE: LF) at Buy and price target of $12.

Oracle Investment Research assumes Michael Kors (NYSE: KORS) at Hold and $55 price target.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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