EMC Corporation (NYSE: EMC): Merriman Curhan Ford on Thursay initiated coverage on the company with a Buy rating.
Caterpillar Inc. (NYSE: CAT): Goldman Sachs upgraded its rating on the company to Neutral from no rating. At the moment, Goldman has a price target of $128 placed on the company's stock.
3M Co. (NYSE: MMM): BofA/Merrill Lynch downgraded its rating on the company to Unerperform from Neutral.
F5 Networks, Inc. (NASDAQ: FFIV): Atlantic Equities initiated coverage on the company with an Overweight rating an a price target of $138.
Toll Bros. (NYSE: TOL): Goldman Sachs upgraded its rating on the company to Buy from Neutral. The firm raised its 6-month price target to $25 from $20to $25. In a research note to clients, the firm stated "In our 2Q11 housing survey we found that consumers in the higher income bracket are more constructive on home prices (33% in the $120K or above income category expect home price appreciation vs. 21% for the broad survey) and have a higher desire to purchase a new home (38% vs. 20% for the broad survey)."
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