FedEx is downgraded to 'underperform,' and UPS is upgraded to 'outperform.'
Stocks are down slightly, with no notable economic data reported.
Stocks are higher as the Dow continues to hit fresh recovery highs and the S&P moves back above 1,500.
Palo Alto is initiated with a 'buy' at Goldman, and Elan is upgraded to 'buy' at UBS.
The mattress maker has been sleepwalking while smaller, aggressive rivals have jumped into the market.
The market bounces back, boosted by speculation about new easing plans and steps to help with the European debt crisis.
The market has been punishing these former favorites, but their businesses remain in top shape.
The hedge fund legend recently stuffed $77 million into a mattress stock that has continued to sag. He's likely to come out ahead sooner rather than later.
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