UPGRADES:
Citi upgrades shares of J. Crew (NYSE: JCG) from Hold to Buy following its Q2 earnings last night. The firm also boosted its price target on the stock from $24 to $40. The stock was also upgraded to Hold at Needham.

Goldman Sachs upgrades Williams-Sonoma (NYSE: WSM) from Neutral to Buy with a $21 price target.

Davenport upgrades Nokia (NYSE: NOK) from Neutral to Buy, also setting an $18 price target. Click here for more color on the upgrade.

RBC Capital upgrades Aruba Networks (Nasdaq: ARUN) from Sector Perform to Outperform. Price target increased from $6 to $12.

For daily