Unilever (UL) (ARRS) (EL) (CRL) (S) (CVD) Upgraded

Unilever (NYSE: UL), Arris Group, Inc. (NASDAQ: ARRS), Estee Lauder Companies Inc (NYSE: EL), Charles River Laboratories (NYSE: CRL), Sprint Nextel (NYSE: S) and Covance Inc. (NYSE: CVD) upgraded by analysts.

Unilever (UL) was upgraded by BNP Paribas from an “Underperform” rating to an “Outperform” rating.

Arris Group, Inc. (ARRS) was upgraded by Avondale Partners from a “Market Perform” rating to an “Outperform” rating. They have a price target of $14.00 on the company, up from $12.00.

Estee Lauder Companies Inc. (EL) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating. They have a price target of $115.00 on the company, up from $95.00.

Charles River Laboratories (CRL) was upgraded by Lazard Capital from a “Sell” rating to a “Neutral” rating.

Sprint Nextel (S) was upgraded by Collins Stewart from a “Neutral” rating to a “Buy” rating. They have a price target of $5.00 on the company.

Covance Inc. (CVD) was upgraded by Lazard Capital from a “Neutral” rating to a “Buy” rating.

Coverage on (ACAS) (ACE) (ATW) (CVD) (HOTT) Initiated by Analysts

American Capital Ltd. (NASDAQ:ACAS), ACE Limited (NYSE:ACE), Atwood Oceanics Inc. (NYSE:ATW), Covance Inc. (NYSE:CVD) and American Capital Ltd. (NASDAQ:HOTT) had coverage initiated on them by analysts.

FBR Capital Markets initiated coverage on American Capital Ltd. (NASDAQ:ACAS), starting them off with a "Market Perform" rating. They raised their price target from $10 to $12 on them.

FBR Capital Markets initiated coverage on ACE Limited (NYSE:ACE), starting them off with an "Outperform" rating. They have a price target from $83 on them.

Credit Suisse (NYSE:CS) initiated coverage on Atwood Oceanics Inc. (NYSE:ATW), starting them off with a "Neutral" rating. They raised their price target from $39 to $41 on them.

Deutsche Bank (NYSE:DB) initiated coverage on Covance Inc. (NYSE:CVD), starting them off with a "Buy" rating. They have a price target of from $71 on them.

Janney Montgomery Scott initiated coverage on Hot Topic Inc. (NASDAQ:HOTT), starting them off with a "Buy" rating. They have a price target of from $8 on them.