American Electric Power (AEP) - Get Report was downgraded from Buy to Hold, Jefferies said. Valuation call, based on a $37.50 price target.

BB&T

(BBT) - Get Report

was upgraded to Buy, Deutsche Bank said. $32 price target. Company is well capitalized and can deliver better organic growth.

CR Bard

was upgraded from Neutral to Overweight, JP Morgan said. $100 price target. Sales have bottomed and stabilized.

See Cramer's Mobile Internet Tsunami stocks>>>

CBS

(CBS) - Get Report

was downgraded from Buy to Neutral, UBS said. $15 price target. Valuation call, as the stock is already pricing in higher advertising demand.

Coverage of

Commerce Bancshares

(CBSH) - Get Report

was started with a Neutral rating, UBS said. $42 price target. Company is positioned well, but the stock is largely pricing this in.

City National

(CYN)

was initiated with a Sell rating, UBS said. $35 price target. $35 price target. Valuation call, and the company also faces credit headwinds from late-cycle products.

First Horizon

(FHN) - Get Report

was initiated with a Sell rating, UBS said. $9 price target. Recent run in the stock has outpaced the fundamentals.

Granite Construction

(GVA) - Get Report

was initiated with a Hold rating, Jefferies said. $34 price target. Company will be hurt in the near term by overcapacity, but should see a return to steady demand in the future.

Coverage of

Hyatt Hotels

TST Recommends

(H) - Get Report

was started with a Buy rating, Goldman Sachs said. $36 price target. Company is an attractive growth play on a reovery in the lodging sector.

Huntington Bancshares

(HBAN) - Get Report

was initiated with a Neutral rating, UBS said. $4 price target. Company faces more meaningful credit headwinds.

Palm

( PALM) was upgraded to Buy, MKM Partners said. $20 price target. See a better carrier outlook and strong channel checks.

Verifone

(PAY)

was upgraded from Market Perform to Outperform, Raymond James said. $18 price target. Company should see higher growth in North America. PAY price target improved by a dollar to $18, Barclays said. 2010 EPS estimate increased to $1.10. Reiterate Overweight rating.

Rating on

Qwest

(Q)

was raised from Neutral to Buy, UBS said. $5.50 price target. Valuation call, as stable cash flow will allow the company to de-lever.

Coverage of

Wendy's/Arby's

(WEN) - Get Report

was started with an Outperform rating, Oppenheimer said. $5.50 price target. Company is in the early stages of a turnaround.

Wells Fargo

(WFC) - Get Report

was upgraded to Buy, Deutsche Bank said. $36 price target. Company likely had a good fourth quarter and is positioned well to gain market share. WFC estimates were increased through 2011, FBR Capital Markets said. TARP repayment is a step in the right direction. Underperform rating and new $21 price target.

Coverage of

Zions Bancorporation

(ZION) - Get Report

was started with a Sell rating, UBS said. $10 price target. Company faces relatively higher securities losses.

This article was written by a staff member of TheStreet.com.