Top Analyst Actions: FARO, PAYX, UMC, CCK, CHKP

Gabelli & Co raises rating to buy from hold

JP Morgan raises to neutral from underweight

HSBC Securities raises to neutral from underweight

BofA/Merrill raises to buy from neutral

Argus raises to buy from hold with $103.00 price target

Global Hunter Securities lowers to accumulate from buy

Craig Hallum lowers to hold from buy

DA Davidson lowers to neutral from buy

BB&T Capital Mkts initiates coverage at buy with $29.00 price target; Sterne Agee starts at buy with $29.00 price target; BofA Merrill starts at neutral

Canaccord Genuity starts at buy with $30.00 price target

Raymond James starts at outperform with $25.00 price target

Credit Suisse resumes coverage at outperform with $19.00 price target

FBR Capital resumes at outperform with $30.00 price target

Imperial Capital resumes at outperform with $170.00 price target

MKM Partners raises price target to $72.00 from $55.00 with neutral rating; Piper Jaffray raises price target to $79.00 from $66.00 with overweight rating

Scotia Howard Weil raises price target to $50.00 from $46.00 with sector perform rating

Scotia Howard Weil raises price target to $100.00 from $95.00 with outperform rating

Canaccord Genuity raises price target to $65.00 from $60.00 with hold rating