Notable Analyst Rating Changes 6/26: ITW, DB, AAUK Upgraded; JAZZ, OSG, TWB Downgraded

June 26, 2009 9:44 AM EDT

UPGRADES:
Wachovia upgrades Illinois Tool Works (NYSE: ITW) from Market Perform to Outperform. Valuation range: $45 to $48. Click here for more color on the upgrade.

UBS upgrades Deutsche Bank (NYSE: DB) from Neutral to Buy.

Barclays upgrades Anglo American (Nasdaq: AAUK) from Equalweight to Overweight.

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

DOWNGRADES:
Barclays downgrades Jazz Pharma (Nasdaq: JAZZ) from Overweight to Underweight and lowers its price target from $8 to $5.

FBR Capital downgrades Overseas Shipholding Group Inc. (NYSE: OSG) from Outperform to Market Perform and lowered its price target from $37 to $34, citing a balanced risk/reward profile at this price.

Susquehanna downgrades Tween Brands (NYSE: TWB) from Positive to Neutral. Click here to see the full report.

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

NEW COVERAGE:
Citi starts Caterpillar (NYSE: CAT) with a Hold, price target $36, Eaton (NYSE: ETN) with a Buy, price target $55, Cummins (NYSE: CMI) at Buy and Deere (NYSE: DE) at Buy.

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


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Stocks Mentioned

AAUK 16.12

+0.00 +0.00%
Volume: 2,288,451
Track AAUK

CAT 57.60

-0.39 -0.67%
Volume: 6,161,461
Track CAT

CMI 46.18

-0.89 -1.89%
Volume: 1,856,133
Track CMI

DB 71.83

-0.42 -0.58%
Volume: 396,972
Track DB

DE 47.16

-0.95 -1.97%
Volume: 4,667,922
Track DE

ETN 64.31

-0.21 -0.33%
Volume: 1,695,632
Track ETN

ITW 48.39

+0.12 +0.25%
Volume: 2,893,856
Track ITW

JAZZ 6.91

-0.65 -8.60%
Volume: 952,271
Track JAZZ

OSG 36.87

-0.31 -0.83%
Volume: 563,860
Track OSG

TWB 8.54

+0.13 +1.55%
Volume: 117,649
Track TWB


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