Morgan Stanley's Americas Equity Morning Summary

Morgan Stanley released its Americas Equity Morning Summary today with the following changes:

Upgrades:

NuStar GP Holdings (NYSE: NSH) from Equal-Weight to Overweight and an increase in price target from $38 to $40.

Teekay LNG Partners (NYSE: TGP) from Underperform to Equal-Weight and an increase in price target from $36 to $40.

Downgrades:

Boardwalk Pipeline Partners (NYSE: BWP) from Equal-Weight to Underperform and a decrease in price target from $35 to $32.

Initiated Coverage:

Pacific Biosciences of California (NASDAQ: PACB) with an Overweight rating and $18 price target.