After reporting a $578 million loss and cutting its dividend significantly, from 27 cents a share to 5 cents a share, Morgan Stanley ( MS) was upgraded by Merrill Lynch Bank of America from underperform to neutral with a price target of $24. Barclays cut its target on the stock to $26 a share, and estimates were lowered at both firms.

Wells Fargo ( WFC) was another large financial institution to report earnings on Wednesday, but it posted a profit of about $3.1 billion excluding preferred dividends.

Trading was mixed on Wednesday, with the financial sector and General Motors ( GM) closing largely down and stocks such as Ford ( F), which received an upgraded from Goldman Sachs to buy, and Apple ( AAPL), which reported a better-than-expected quarter, closing higher.

With this in mind, we thought we'd take a look at some of the stocks in the news recently and see what Jim Cramer's had to say about them.

To read more, visit

Who's on Stockpickr Answers? Kevin Baker will be on Stockpickr Answers on April 23 to respond to investing and trading questions posed by members of the Stockpickr community. Not a member? Join the Stockpickr community today -- free.
Stockpickr is a wholly owned subsidiary of