UPGRADES
Macquarie upgrades Walgreen (NYSE: WAG) from Neutral to Outperform.

Jefferies lifts Celanese (NYSE: CE) from Hold to Buy, its price target moved from $50 to $65. Click Here for more color.

Morgan Stanley boosts shares of CIT Group (NYSE: CIT) from Equalweight to Overweight.

Compass Point upgraded Regions Financial (NYSE: RF) from Neutral to Buy, price target raised from $5.60 to $7.50.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Deutsche Bank reduces 3M (NYSE: MMM) from Buy to Hold with a price target of $95. Click Here for more color.

Jefferies downgrades