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NASDAQ:LULUNew York, May 25th (TradersHuddle.com) - The following are top upgrades and downgrades before the market opens.

 

Illinois Tool Works (NYSE:ITW) was upgraded to Overweight from Neutral at JPMorgan.

 

Rogers Communications (NYSE:RCI) was upgraded to a Buy from Hold at TD Securities.

 

ARM Holdings (NASDAQ:ARMH) was upgraded to a Buy from Neutral at UBS.

 

Salesforce.com (NYSE:CRM) was upgraded to Outperform from Perform at Oppenheimer.

 

lululemon athletica (NASDAQ:LULU) was downgraded to a Hold from Buy at KeyBanc Capital Markets.

 

Carter Holdings (NYSE:CRI) was upgraded to a Buy from Neutral at Citigroup.

 

HJ Heinz (NYSE:HNZ) was downgraded to a Neutral from Overweight at JPMorgan and to a Hold from Buy at Jefferies.

 

Dorman Products (NASDAQ:DORM) was upgraded to a Buy from Hold at BB&T.

 

Eastman Chemical (NYSE:EMN) was upgraded to Overweight from Neutral at JPMorgan.

 

Maxwell Technologies (NASDAQ:MXWL) was downgraded to a Neutral from Outperform at Wedbush.

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