Southern (SO) (ALTR) (CSCO) (RF) (SMH) (TTO) (UFPI) Upgraded

Southern Co. (NYSE: SO), Altera (NASDAQ: ALTR), Cisco Systems, Inc. (NASDAQ: CSCO), Regions Financial Corporation (NYSE: RF), Semiconductor HOLDRs (NYSE: SMH), Tortoise Capital Resources Corp. (NYSE: TTO) and Universal Forest Products, Inc. (NASDAQ: UFPI) upgraded by analysts.

Altera (ALTR) was upgraded by Miller Tabak from a “Hold” rating to a “Buy” rating. They cited valuation as the catalyst behind their call.

Cisco Systems, Inc. (CSCO) was upgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Overweight” rating.

Regions Financial Corporation (RF) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.

Semiconductor HOLDRs (SMH) was upgraded by Barclays Capital to a “Positive” rating.

Southern Co. (SO) was upgraded by Macquarie to an “Outperform” rating.

Tortoise Capital Resources Corp. (TTO) was upgraded by Ladenburg Thalmann from a “Neutral” rating to a “Buy” rating.

Universal Forest Products, Inc. (UFPI) was upgraded by DA Davidson from an “Underperform” rating to a “Neutral” rating. They have a price target of $27.00 on the company.