Notable Analyst Rating Changes 10/16: GOOG, LYG, KR, HOG, NTRI, AUDC upgrade; NOK, KMP, WSM, SHAW, NFLX Downgrade

October 16, 2009 10:45 AM EDT

UPGRADES:
Benchmark upgrades Google (Nasdaq: GOOG) from Hold to Buy. Click Here for more color.

Deutsche Bank upgrades Lloyds Banking Group (NYSE: LYG) to a Buy. For more color Click Here

BB&T Capital upgrades Kroger (NYSE: KR) from Hold to Buy. Price target $30.

An analyst at RBC Capital has upgraded shares of Harley-Davidson (NYSE: HOG) to Outperform.

Janney Montgomery Scott upgrades NutriSystem (Nasdaq: NTRI) from Neutral to Buy, price target increased from $16 to $24. Click Here for more color.

BofA Merrill Lynch upgrades AudioCodes (Nasdaq: AUDC) two-notches from Underperform to Buy. The firm raised its price target from $1.75 to $3.50

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

DOWNGRADES:
RBS downgrades Nokia (NYSE: NOK) to Hold from Buy.

Morgan Stanley downgrades Kinder Morgan Partners (NYSE: KMP) from Equalweight to Underweight. price target $57.

Goldman Sachs downgrades Williams-Sonoma, Inc. (NYSE: WSM) from Buy to Neutral but raised their price target from $21 to $24.

Robert W. Baird downgrades Shaw Group (NYSE: SHAW) from Outperform to Neutral with a $32 price target.

Caris & Co. downgrades Netflix (Nasdaq: NFLX) from Buy to Above Average.

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

NEW COVERAGE:
J.P. Morgan resumes coverage on Pfizer (NYSE: PFE) with an Overweight rating. Price target $21.

BMO Capital initiates coverage on SunTrust (NYSE: STI) with a Market Perform rating. Price target $25.

FBR Capital re-initiates coverage of EOG Resources, Inc. (NYSE: EOG) with a Market Perform rating and a 12-month price target of $80/share,

Credit Suisse initiates coverage on SAIC, Inc (NYSE: SAI) with an Outperform rating. Price target $22.

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


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Stocks Mentioned

AUDC 2.55

+0.00 +0.00%
Volume: 23,190
Track AUDC

EOG 88.55

+0.37 +0.42%
Volume: 3,146,410
Track EOG

GOOG 583.09

+0.74 +0.13%
Volume: 1,608,548
Track GOOG

HOG 28.78

+0.12 +0.42%
Volume: 3,572,077
Track HOG

KMP 57.20

+0.57 +1.01%
Volume: 754,037
Track KMP

KR 23.07

+0.14 +0.61%
Volume: 4,958,675
Track KR

LYG 6.17

+0.14 +2.32%
Volume: 1,625,581
Track LYG

NFLX 59.67

-0.71 -1.18%
Volume: 1,485,734
Track NFLX

NOK 13.34

-0.09 -0.67%
Volume: 16,564,920
Track NOK

NTRI 24.47

+0.54 +2.26%
Volume: 757,132
Track NTRI

PFE 18.31

-0.22 -1.19%
Volume: 58,547,131
Track PFE

SAI 17.95

-0.09 -0.50%
Volume: 2,636,309
Track SAI

SHAW 28.96

-0.11 -0.38%
Volume: 1,329,955
Track SHAW

STI 22.84

-0.31 -1.34%
Volume: 9,812,088
Track STI

WSM 21.21

-0.61 -2.80%
Volume: 3,279,062
Track WSM


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