Dividend.com: Morning Playbook

Traders are coming in from a long three-day weekend and are walking into a negative open. The big news this morning is the drop in oil prices. Let's take a look at what else we need to have on the radar.

Story Stocks

EMC(EMC Quote): Stock is trading slightly lower after raising its offer for Data Domain(DDUP Quote).

Regis Corp(RGS Quote): Stock is lower after company announces stock and note offering.

Upgrades to Watch

Symantec(SYMC Quote): Upgraded to a buy at Deutsche Bank. $19 price target.

Franklin Resources(BEN Quote): JPMorgan raises stock to an overweight.

KLA Tencor(KLAC Quote): Credit Suisse raises stock to a neutral. $30 price target.

Nordstrom(JWN Quote): Goldman Sachs increases stock to a neutral. $21 price target.

Oshkosh(OSK Quote): Raised to a buy at KeyBanc.

Seagate Technology(STX Quote): Bank of America/Merrill raises stock to a buy.

Western Digital(WDC Quote): Bank of America/Merrill raises stock to a buy. $35 price target.

Sprint(S Quote): Raised to a buy at Auriga.

AMB Property(AMB Quote): Credit Suisse stock to an outperform. $22 price target.

T Rowe Price(TROW Quote): JPMorgan raises stock to neutral. $47.50 price target.

Microsoft(MSFT Quote): Bank of America/Merrill raises estimates. $28 price target.

Peabody Energy(BTU Quote): Goldman Sachs raises target price to $41.

Downgrades to Watch

Tobacco Sector: Morgan Stanley is cutting estimates for the group. Watch Altria(MO Quote), Reynolds American(RAI Quote) and Phillip Morris International(PM Quote).

Eaton Vance(EV Quote): JPMorgan cuts stock to an underweight.

FPL Group(FPL Quote): Credit Suisse cuts stock to neutral.

Citrix Systems(CTXS Quote): Oppenheimer cuts stock to a perform rating from outperform.

First Solar(FSLR Quote): Barclays Capital lowers target price to $175.

Chubb Corp(CB Quote): Barclays Capital cuts target price to $41.