(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.
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.
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.