Bristol-Myers Squibb is upgraded to 'conviction buy' at Goldman, and Yelp is initiated with a 'neutral' at Piper Jaffray.
Reports of the demise of consumer spending may be premature.
UBS initiates Dell with a 'neutral' and Hewlett-Packard with a 'sell.'
The luxury retailer made a marketing mistake in North America in its recent quarter.
Stocks hover near baseline as investors continue to wait on central bank statements expected later this week.
Facebook is upgraded to 'market perform,' while Las Vegas Sands is downgraded to 'hold.'
Tiffany and Blue Nile also drop as investors expect luxury retailers to sag. Meanwhile, budget sellers like Target and Wal-Mart are having a strong year.
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