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Analysts' Rating Changes: BBBY, BIDU, CLWR, CREE, KSS, LIFE, TOL, ZNGA

 February 05, 2013 12:43 PM

(By Balachander) A number of stocks were upgraded and downgraded by equities research analysts on Tuesday.

Bed Bath & Beyond Inc. (NASDAQ: BBBY): Citigroup upgraded the stock to Buy from Neutral. Shares added 1.80 percent to trade at $59.40.

Baidu.com Inc. (NASDAQ: BIDU): Stifel Nicolaus downgraded the stock to Hold from Buy. Raymond James downgraded the stock to Market Perform from Outperform. ADR's tumbled 10.79 percent to trade at $95.63.

Clearwire Corp. (NASDAQ: CLWR): DA Davidson downgraded the stock to Underperform from Neutral. Shares traded 1.26 percent higher at $3.21.

[Related -Cree, Inc. (CREE) Q2 Earnings Preview: What To Expect?]

Cree Inc. (NASDAQ: CREE): Maxim downgraded the stock to Hold from Buy. Shares shed 0.32 percent to trade at $43.61.

Kohl's Corp. (NYSE: KSS): Citigroup downgraded the stock to Neutral from Buy. Shares inched up 0.64 percent to trade at $45.49.

Life Technologies Corp. (NASDAQ: LIFE): Leerink downgraded the stock to Market Perform from Outperform. CLSA downgraded the stock to Outperform from Buy. Shares traded 1.63 percent higher at $64.04.

[Related -Bed Bath & Beyond Inc. (NASDAQ:BBBY) Q3 Earnings Preview: Where Sales Go the Price Usually Follows]

Toll Brothers Inc. (NYSE: TOL): Barclays downgraded the stock to Underweight from Equal Weight. Shares fell 0.55 percent to trade at $36.22.

Zynga Inc. (NASDAQ: ZNGA): Bank of America-Merrill Lynch upgraded the stock to Buy from Underperform. Shares surged 7.42 percent to trade at $2.73.

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