(By Balachander) A number of stocks were upgraded, downgraded and price target changed by equities research analysts on Monday.
Cisco Systems Inc. (NASDAQ: CSCO): Baird upgraded the stock to "outperform" from "neutral" and increased price target to $25 from $21. William Blair raised the stock to "outperform" from "market perform". Shares gained 1.66 percent to trade at $20.82.
Facebook Inc. (NASDAQ: FB): Deutsche Bank raised rating on the stock to "buy" from "hold". Shares fell 2.14 percent to trade at $31.04.
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Hewlett-Packard Co. (NYSE: HPQ): JPMorgan Chase upgraded the stock to "neutral" from "underweight". Shares advanced 3.71 percent to trade at $16.76.
Intuitive Surgical Inc. (NASDAQ: ISRG): Lazard Capital upgraded the stock to "buy" from "neutral". Shares traded 0.76 percent higher at $509.87.
Microsoft Corp. (NASDAQ: MSFT): UBS lowered price target on the stock to $35 from $37. Shares slid 0.07 percent to trade at $26.80.
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Sprint Nextel Corp. (NYSE: S): JPMorgan downgraded the stock to "neutral" from "overweight". UBS reduced rating on the stock to "neutral" from "buy". Shares dropped 4.31 percent to trade at $5.66.
Wells Fargo & Co. (NYSE: WFC): Oppenheimer downgraded the stock to "perform" from "outperform". Shares traded 1.23 percent lower at $34.67.