Notable Analyst Rating Changes: CSX, UNH, DF, TS Upgraded; SNDK, INTC, VALE Upgraded

November 3, 2009 11:22 AM EST

UPGRADES:
Stifel Nicolaus upgraded shares of CSX Corp. (NYSE: CSX) from Hold to Buy. The analyst also set a $51 price target on the stock.

Morgan Stanley upgrades UnitedHealth Group (NYSE: UNH) from Equalweight to Overweight. Price target $33.

Stephens & Co upgrades Dean Foods (NYSE: DF) from Equalweight to Overweight, sets price target of $20. Stifel Nicolaus also upgraded Dean Foods from Hold to Buy, and set a price target $20.

Jefferies & Co upgrades Tenaris S.A. (NYSE: TS) from Hold to Buy. Price target increased from $30 to $44.

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

DOWNGRADES:
Wedbush downgrades SanDisk (NASDAQ: SNDK) from Neutral to Underperform. Price target lowered from $24 to $17. Click Here for more color.

Morgan Stanley downgraded Intel (NASDAQ: INTC) from Overweight to Equal Weight. Morgan also downgraded other U.S. Semiconductor's. Click Here for more color.

Raymond James downgrades VALE S.A. (NASDAQ: VALE) from Buy to Hold.

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

NEW COVERAGE:
Deutsche Bank, Bank of America, Morgan Stanley, and Lazard initiate coverage on A123 Systems (NASDAQ: AONE) with Hold, Underperform, Equalweight, and Buy ratings, respectively. Deutsche and Bank of America also set a price target of $17 on A123.

Oppenheimer initiates coverage on Vitacost.com (NASDAQ: VITC) with an Outperform rating, sets a price target of $14. Needham & Co and Jefferies & Co also initiated coverage on Vitacost.com with Buy ratings, and price targets of $13.50 and $15, respectively.

Goldman Sachs, bank of America, Deutsche Bank, KBW initiate coverage on Artio Global Investors (NYSE: ART) with Buy, Neutral, Hold, and Outperform, respectively. The firms also set price target of $31, $25m $26, and $30, respectively. Click Here for more color from KBW. Click Here for more color from Deutsche Bank.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


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Stocks Mentioned

AONE 14.53

-0.17 -1.16%
Volume: 886,843
Track AONE

ART 24.34

+0.04 +0.16%
Volume: 116,876
Track ART

CSX 48.68

+0.06 +0.12%
Volume: 4,319,385
Track CSX

DF 16.29

+0.17 +1.05%
Volume: 3,123,177
Track DF

INTC 19.40

+0.16 +0.83%
Volume: 42,995,082
Track INTC

SNDK 20.34

+0.10 +0.49%
Volume: 4,488,455
Track SNDK

TS 41.41

+0.78 +1.92%
Volume: 1,736,970
Track TS

UNH 29.08

+0.52 +1.82%
Volume: 9,623,626
Track UNH

VALE 28.64

+0.45 +1.60%
Volume: 16,781,377
Track VALE

VITC 7.39

+0.25 +3.50%
Volume: 741,910
Track VITC


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