UPGRADES:
Deutsche Bank upgrades Alcoa (NYSE: AA) from Sell to Hold. Click here for more color on the upgrade.

Merriman Curhan upgrades Google (Nasdaq: GOOG) from Neutral to Buy.

UBS upgrades Autodesk (Nasdaq: ADSK) from Sell to Neutral. Price target $16.

Davenport upgrades Microsoft (NASDAQ: MSFT) from Neutral to Buy. Price target $24. Here is the full report.

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

DOWNGRADES:
Deutsche Bank downgrades Freeport-McMoran (NYSE: FCX) to Sell. Click here for more color on the downgrade.

Raymond James downgrades Ritchie Bros. Auctioneers (NYSE: RBA) from Outperform to Market Perform.

Oppenheimer downgrades Metabasis Therapeutics (Nasdaq: