MOST NOTEWORTHY: Iberdrola, Research in Motion and St. Mary Land & Exploration Co were today's noteworthy upgrades:
Goldman upgraded shares of Iberdrola (IBDRY) to Buy from Neutral and added the company to its European Conviction Buy List on valuation following the recent weakness.
Oppenheimer upgraded Research in Motion (NASDAQ:RIMM) to Outperform from Perform citing lowered expectations and strong demand.
Suntrust raised its rating on St. Mary Land & Exploration (NYSE:SM) to Buy from Neutral, citing valuation and higher oil price estimates.
OTHER UPGRADES:
Broadpoint upgraded Cerner (CERN) to Buy from Neutral.
JP Morgan upgraded Wrigley (WWY) to Overweight from Neutral.
Credit Suisse upgraded Brookfield ASset Management (BAM) to Outperform from Neutral.