• Bank of America (NYSE: BAC) upgraded Dell (NASDAQ: DELL) to "buy" from "neutral," with the price target raised to $18 from $16.50
• Adobe (NASDAQ: ADBE) was upgraded by analysts at Credit Suisse (NYSE: CS) from "neutral" to "outperform," with the price target raised to $39.50 from $35
• Peabody Energy (NYSE: BTU) was raised by analysts at JP Morgan (NYSE: JPM) to "overweight" from "neutral" with a price target of $50, while Massey Energy (NYSE: MEE) was cut to "neutral" from "overweight" with a $43 price target
• RW Baird upgraded Air Products (NYSE: APD) to "outperform" from "neutral," with an $89 price target
• Citigroup (NYSE: C) was reinstated by Goldman Sachs (NYSE: GS) at a "neutral" rating and a price target of $3.50
• Goldman Sachs (NYSE: GS) maintained its "buy" recommendation on Baidu (NASDAQ: BIDU) with its price target raised to $575 from $550
• Bank of America (NYSE: BAC) upgraded Tiffany (NYSE: TIF) to "buy" from "neutral" with a price target of $42
• ArcelorMittal (NYSE: MT) the world's largest steelmaker, reported a fourth-quarter profit 68 cents a share, well above Zacks estimates of 19 cents, on revenues of $18.64 billion, just short of Zacks estimates of $18.83 billion
• Monsanto (NYSE: MON) reaffirmed its 2010 earnings guidance of $3.10-$3.30
• Sprint Nextel (NYSE: S) reported a fourth-quarter loss of 34 cents a share, compared with Zacks estimates of an 18 cent loss. Revenues of $7.9 billion were just short of Zacks expectations for $8.00 billion
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