Notable Analyst Rating Changes 7/1: YUM, TRW, MGA, MVL Upgraded; FRPT, NDAQ, BEAT, MYGN Downgraded

July 1, 2009 9:39 AM EDT

UPGRADES:
Goldman Sachs upgrades Yum! Brands (NYSE: YUM) from Neutral to Buy and raises their price target from $36 to $40.

Bank of America upgrades TRW Automotive (NYSE: TRW) from Underperform to Neutral. Price target increased to $11.50.

Bank of America upgrades Magna (NYSE: MGA) from Underperform to Buy. The firm also upgraded a host of other auto suppliers.

J.P. Morgan upgrades Marvel (NYSE: MVL) from Neutral to Overweight.

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

DOWNGRADES:
Collins Stewart downgrades Force Protection (Nasdaq: FRPT) to Hold. Click here for more color on the downgrade.

Deutsche Bank downgrades NASDAQ OMX (Nasdaq: NDAQ) from Buy to Hold. Price target $23. Click here for the full report.

Citi and Roth Capital downgrade CardioNet (Nasdaq: BEAT) to Hold.

Oppenheimer downgrades Myriad Genetics (Nasdaq: MYGN) from Outperform to Perform.

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

NEW COVERAGE:
Oppenheimer initiates coverage on IAC/InterActiveCorp (Nasdaq: IACI) with an Outperform rating and $19 price target.

Bank of America resumes coverage on Peabody Energy (NYSE: BTU) with a Buy. Price target $38.

ThinkEquity initiates coverage on OpenTable (Nasdaq: OPEN) with a Buy. Price target $35.

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


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Stocks Mentioned

BEAT 4.80

+0.00 +0.00%
Volume: 334,664
Track BEAT

BTU 45.16

+0.00 +0.00%
Volume: 4,214,605
Track BTU

FRPT 5.19

+0.00 +0.00%
Volume: 821,792
Track FRPT

IACI 19.42

+0.00 +0.00%
Volume: 2,317,872
Track IACI

MGA 49.23

+0.00 +0.00%
Volume: 632,300
Track MGA

MVL 52.30

+0.00 +0.00%
Volume: 969,593
Track MVL

MYGN 24.05

+0.00 +0.00%
Volume: 1,914,471
Track MYGN

NDAQ 19.17

+0.00 +0.00%
Volume: 3,640,394
Track NDAQ

OPEN 26.77

+0.00 +0.00%
Volume: 114,343
Track OPEN

TRW 23.29

+0.00 +0.00%
Volume: 2,543,949
Track TRW

YUM 35.29

+0.00 +0.00%
Volume: 3,865,492
Track YUM


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