Sara Lee (SLE) (EQIX) (HAIN) (HSP) (STRI) Upgraded

Sara Lee (NYSE: SLE), Equinix, Inc. (NASDAQ: EQIX), The Hain Celestial Group, Inc. (NASDAQ: HAIN), Hospira, Inc. (NYSE: HSP) and STR Holdings, Inc. (NASDAQ: STRI) upgraded by analysts.

Sara Lee (SLE) was upgraded by analysts at Bank of America (NYSE:BAC) to a “Buy” rating. They have a price target of $21.00 on the company.

Equinix, Inc. (EQIX) was upgraded by William Blair from a “Market Perform” rating to an “Outperform” rating.

The Hain Celestial Group, Inc. (HAIN) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating. They have a price target of $37.00 on the company.

Hospira, Inc. (HSP) was upgraded by Citigroup (NYSE:C) from a “Sell” rating to a “Hold” rating. They have a price target of $49.00 on the company.

STR Holdings, Inc. (STRI) was upgraded by Craig Hallum from a “Buy” rating to a “Hold” rating.

Amdocs (DOX) (DOW) (EQIX) (GLW) (IACI) (LRCX) (LSI) Price Targets Changed

The Dow Chemical Company (NYSE: DOW), Amdocs Limited (NYSE: DOX), Equinix, Inc. (NASDAQ: EQIX), Corning Inc. (NYSE: GLW), InterActiveCorp (NASDAQ: IACI), Lam Research Co. (NASDAQ: LRCX) and LSI Co. (NYSE: LSI) price targets adjusted by analysts.

The Dow Chemical Company (DOW) had its price target lowered by Deutsche Bank (NYSE:DB) from $44.00 to $38.00. They have a “Hold” rating on the company.

Amdocs Limited (DOX) had its price target raised by UBS AG (NYSE:UBS) from $33.00 to $35.00. They have a “Buy” rating on the company.

Equinix, Inc. (EQIX) had its price target raised by Stifel Nicolaus from $120.00 to $130.00. They have a “Buy” rating on the company.

Corning Inc. (GLW) had its price target lowered by Citigroup (NYSE:C) to $18.00. They have a “Hold” rating on the company.

InterActiveCorp (IACI) had its price target raised by Oppenheimer to $53.00.

Lam Research Co. (LRCX) had its price target cut by Stifel Nicolaus from $64.00 to $60.00. They have a “Buy” rating on the company.

LSI Co. (LSI) had its price target raised by Barclays Capital to $8.00. They have an “Equal Weight” rating on the company.

Ratings on (DIS) (EQIX) (ETN) (FMCN) (GEL) Reiterated

Ratings on Walt Disney (NYSE: DIS), Equinix, Inc. (NASDAQ: EQIX), Eaton Corp. (NYSE: ETN), Focus Media (NASDAQ: FMCN) and Genesis Energy, L.P. (NYSE: GEL) were reiterated by analysts.

Wunderlich reiterated a “buy” rating on Walt Disney (DIS).

Goldman Sachs (NYSE:GS) reiterated a “neutral” rating on Equinix, Inc. (EQIX). They have a price target of $99.00 on the company.

Oppenheimer reiterated an “outperform” rating on Eaton Corp. (ETN).

Goldman Sachs reiterated a “buy” rating on Focus Media (FMCN). They have a price target of $43.00 on the company.

Wunderlich reiterated an “outperform” rating on Genesis Energy, L.P. (GEL). They have a price target of $32.00 on the company.

Ratings on (EQIX) (FARO) (FMC) (G) (ICFI) Upgraded

Ratings on Equinix, Inc. (NASDAQ: EQIX), FARO Technologies Inc (NASDAQ: FARO), FMC Corp. (NYSE: FMC), Genpact Limited (NYSE: G) and ICF International, Inc. (NASDAQ: ICFI) were upgraded by analysts today.

Wells Fargo & Co. (NYSE:WFC) upgraded Equinix, Inc. (EQIX) from a “market perform” rating to an “outperform” rating.

Robert W. Baird upgraded FARO Technologies Inc (FARO) from a “neutral” rating to an “outperform” rating. They have a price target of $48.00 on the company, up from $40.00.

First Analysis upgraded shares of FMC Corp. (FMC) to an “overweight” rating.

Robert W. Baird upgraded Genpact Limited (G) from a “neutral” rating to an “outperform” rating. They have a price target of $19.00 on the company, up from $17.00.

Raymond James (NYSE:RFJ) upgraded ICF International, Inc. (ICFI) from a “market perform” rating to an “outperform” rating.

Infospace (INSP) (IPCM) (EQIX) (ISIL) (ITRI) Price Targets Adjusted

Price targets on Infospace Inc (NASDAQ: INSP), IPC The Hospitalist (NASDAQ: IPCM), Equinix, Inc. (NASDAQ: EQIX), Intersil Corp. (NASDAQ: ISIL) and Itron, Inc. (NASDAQ: ITRI) adjusted by analysts.

Benchmark Co. raised their price target on Infospace Inc (INSP) from $10.00 to $11.00. They have a “buy” rating on the company.

Jefferies (NYSE:JEF) raised their price target on IPC The Hospitalist (IPCM) from $58.00 to $60.00. They have a “buy” rating on the company.

Piper Jaffray raised their price target on Equinix, Inc. (EQIX) from $112.00 to $115.00. They have an “overweight” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on Intersil Corp. (ISIL) from $16.00 to $17.00.

Piper Jaffray cut their price target on Itron, Inc. (ITRI) from $65.00 to $63.00. They have a “neutral” rating on the company.

Hess (HES) (HGIC) (EQIX) (GLW) (FTNT) Price Targets Adjusted

Price targets on Hess Corp (NYSE: HES), Harleysville Group Inc. (NASDAQ: HGIC), Equinix, Inc. (NASDAQ: EQIX), Corning Inc. (NYSE: GLW) and Fortinet, Inc. (NASDAQ: FTNT) adjusted by analysts.

Kaufman Brothers raised their price target on Equinix, Inc. (EQIX) from $83.00 to $85.00. They have a “hold” rating on the company.

RBC Capital raised their price target on Fortinet, Inc. (FTNT) from $44.00 to $48.00. They have an “outperform” rating on the company.

Goldman Sachs (NYSE:GS) raised their price target on Corning Inc. (GLW) to $25.00. They have a “neutral” rating on the company.

Oppenheimer raised their price target on Hess Corp (HES) from $84.00 to $94.00. They have an “outperform” rating on the company.

RBC Capital cut their price target on Harleysville Group Inc. (HGIC) from $37.00 to $35.00. They have a “sector perform” rating on the company.

Fortinet (FTNT) (FLEX) (FTI) (CTXS) (EQIX) Price Targets Adjusted

Price targets on Fortinet, Inc. (NASDAQ: FTNT), Flextronics International Ltd. (NASDAQ: FLEX), FMC Tech (NYSE: FTI), Citrix Systems, Inc. (NASDAQ: CTXS) and Equinix, Inc. (NASDAQ: EQIX) adjusted by analysts.

Morgan Keegan raised their price target on Citrix Systems, Inc. (CTXS) from $80.00 to $90.00. They have an “outperform” rating on the company.

Stifel Nicolaus raised their price target on shares of Equinix, Inc. (EQIX) from $110.00 to $120.00. They have a “buy” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) cut their price target on Flextronics International Ltd. (FLEX) from $10.00 to $8.50. They have an “overweight” rating on the company.

Global Hunter Securities raised their price target on FMC Tech (FTI) from $43.50 to $49.00. They have a “neutral” rating on the company.

Needham & Company raised their price target on Fortinet, Inc. (FTNT) from $44.00 to $53.00. They have a “buy” rating on the company.

Equinix (EQIX) (ENR) (EBAY) (CTXS) (BIDU) Price Targets Raised

Price targets on Equinix, Inc. (NASDAQ: EQIX), Energizer Holdings, Inc. (NYSE: ENR), eBay, Inc. (NASDAQ: EBAY), Citrix Systems, Inc. (NASDAQ: CTXS) and Baidu.com, Inc. (NASDAQ: BIDU) raised by analysts.

Citigroup (NYSE:C) raised their price target on Baidu.com, Inc. (BIDU) from $135.00 to $177.00. They have a “buy” rating on the company.

RBC Capital raised their price target on Citrix Systems, Inc. (CTXS) from $72.00 to $80.00. They have a “sector perform” rating on the company.

Piper Jaffray raised their price target on eBay, Inc. (EBAY) from $30.00 to $36.00. They have a “neutral” rating on the company.

RBC Capital raised their price target on Energizer Holdings, Inc. (NYSE: ENR) from $76.00 to $82.00. They have an “outperform” rating on the company.

RBC Capital raised their price target on Equinix, Inc. (EQIX) from $105.00 to $115.00. They have an “outperform” rating on the company.

Rackspace (RAX) (Dell) (EQIX) Partner on OpenStack

Shares of Rackspace Hosting (NYSE:RAX) soared to an all-time high on news its partnering with Dell Inc. (Nasdaq:DELL) and Equinix, Inc. (NASDAQ:EQIX) on an open-source cloud-computing platform named OpenStack they developed together.

The demo environment will be offered in three data centers: the Rackspace data center in Chicago, Illinois., the Equinix International Business Exchange (IBX) in Silicon Valley, California, and in Ashburn, Virginia.

The trio also have a strategy in place to work on similar demo environments in Equinix data centers in Asia and Europe during the second quarter of 2011.

What the demonstration environment does is empower entities to quickly and easily assess a variety of applications on the open-source cloud platform.

Rackspace closed Wednesday at $43.01, gaining $3.30, or 8.31 percent.