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 5.15

-0.13 -2.46%
Volume: 301,494
Track BEAT

BTU 44.05

-0.45 -1.01%
Volume: 3,695,184
Track BTU

FRPT 5.40

+0.28 +5.47%
Volume: 1,830,767
Track FRPT

IACI 19.60

-0.01 -0.05%
Volume: 1,292,850
Track IACI

MGA 50.55

+0.02 +0.04%
Volume: 804,140
Track MGA

MVL 51.17

-0.01 -0.02%
Volume: 308,283
Track MVL

MYGN 23.76

+0.91 +3.98%
Volume: 2,681,849
Track MYGN

NDAQ 18.38

-0.32 -1.71%
Volume: 1,150,002
Track NDAQ

OPEN 27.41

+0.26 +0.96%
Volume: 14,229
Track OPEN

TRW 23.33

+0.20 +0.86%
Volume: 2,242,459
Track TRW

YUM 35.43

-0.37 -1.03%
Volume: 1,969,845
Track YUM


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