This morning, General Motors (GM) - Get Report was downgraded to long-term buy from buy at J.P. Morgan.

Upgrade

Ingersoll-Rand

(IR) - Get Report

: UP earnings estimate to $4.50 from $4.40 per share at

ABN Amro

; REITERATE buy rating.

Downgrades

Chevron

(CHV)

: DOWN to hold from buy at

ING Barings

.

Dana

(DCN)

: DOWN to market performer from buy at J.P. Morgan.

Gentex

(GNTX) - Get Report

: DOWN to long-term buy from buy at J.P. Morgan.

Lear

(LEA) - Get Report

: DOWN to market performer from buy at J.P. Morgan.

Initiations

Blue Circle

(BCI) - Get Report

: RESTARTED as a market performer at J.P. Morgan.

C-Cube Microsystems

(CUBE) - Get Report

: NEW strong buy at

Deutsche Banc Alex. Brown

; price target of 27.

Packard Biosciences

(PBSC)

: NEW intermediate, long-term buy rating at

Merrill Lynch

.