Recent Upgrades

Merrill Lynch has upgraded Kimberly Clark(KMB)from an underperform to a buy.Microsoft(MSFT)is the top large cap pick at Oppenheimer,which has given it an outperform rating.

Double Upgrade

Both Citigroup(C) and Merrill Lynch(MER) have upgraded Amgen(AMGN) to a buy rating.The biotech stock has been doing well in recent weeks,following a long period of under performance.

Upgrades

Merrill Lynch(MER) has upgraded Oracle(ORCL) to a buy from neutral.Wachovia(WB) has upgraded Pier One(PIR) to outperform from peer perform.