Notable Analyst Rating Changes 5/21: TGT, FCX, CME, THC, CSIQ Upgraded; PETM, VALE, POT Downgraded

May 21, 2009 10:10 AM EDT

UPGRADES:
UBS upgrades Target (NYSE: TGT) from Neutral to Buy. Price target $52.

JP Morgan upgrades Freeport-McMoRan (NYSE: FCX) from Neutral to Overweight.

Goldman Sachs upgrades CME Group Inc. (NYSE: CME) from Neutral to Buy and raised its price target from $215 to $330.

Barclays upgrades Tenet Healthcare (NYSE: THC) from Equalweight to Overweight.

Oppenheimer upgrades Canadian Solar (Nasdaq: CSIQ) from Perform to Outperform. Price target $14.

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

DOWNGRADES:
Goldman Sachs downgrades PetSmart (Nasdaq: PETM) from Buy to Neutral.

Morgan Stanley downgrades Vale (Nasdaq: VALE) from Equalweight to Underweight.

TD Newcrest downgrades Potash Corp. of Saskatchewan (NYSE: POT) from Buy to Hold. Click here for more color.

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

NEW COVERAGE:
Soleil Securities initiates coverage on Marriott International (NYSE: MAR) with a Buy. Price target $30.

William Blair initiates coverage on Perrigo (Nasdaq: PRGO) with an Outperform.

Soleil Securities initiates coverage on Priceline.com (Nasdaq: PCLN) with a Hold. Price target $112.

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


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Stocks Mentioned

CME 335.23

+4.38 +1.32%
Volume: 293,872
Track CME

CSIQ 22.87

+0.24 +1.06%
Volume: 420,668
Track CSIQ

FCX 84.94

+1.03 +1.23%
Volume: 4,158,347
Track FCX

MAR 25.81

+0.05 +0.19%
Volume: 1,117,991
Track MAR

PCLN 217.75

+2.95 +1.37%
Volume: 349,150
Track PCLN

PETM 26.51

+0.29 +1.11%
Volume: 291,887
Track PETM

POT 120.24

+3.65 +3.13%
Volume: 5,115,716
Track POT

PRGO 40.20

-0.64 -1.57%
Volume: 487,712
Track PRGO

TGT 47.61

+0.83 +1.77%
Volume: 2,842,150
Track TGT

THC 4.56

-0.21 -4.40%
Volume: 4,365,885
Track THC

VALE 29.50

+0.12 +0.41%
Volume: 8,500,832
Track VALE


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